by Meritus | Apr 8, 2020 | Seller Articles, Seller FAQ, Selling a Business
Determining when it’s finally the right time to sell can be a tricky proposition. If you are thinking about selling your business, one of the best steps you can take is to contact a business broker. A good business broker will have years, or even decades, of proven...
by chelly@marketingwiththeagency.com | Oct 8, 2014 | Buyer Articles, Buying a Business, Seller Articles, Seller FAQ, Selling a Business
The Letter of Intent has been signed by both buyer and seller and everything seems to be moving along just fine. It would seem that the deal is almost done. However, the due diligence process must now be completed. Due diligence is the process in which the buyer...
by chelly@marketingwiththeagency.com | Jan 10, 2012 | Seller FAQ
Surveys have shown that a seller who asks for all cash, receives on average only 70 percent of his or her asking price, while sellers who accept terms receive on average 86 percent of their asking price. That’s a difference of 16 percent! In many cases,...
by chelly@marketingwiththeagency.com | Jan 10, 2012 | Seller FAQ
When a buyer is sufficiently interested in your business, he or she will, or should, submit an offer in writing. This offer or proposal may have one or more contingencies. Usually, the contingencies concern a detailed review of your financial records and may also...
by chelly@marketingwiththeagency.com | Jan 10, 2012 | Seller FAQ
A buyer will want up-to-date financial information. If you use accountants, you can work with them on making current information available. If you are using an attorney, make sure they are familiar with the business closing process and the laws of your particular...
by chelly@marketingwiththeagency.com | Jan 10, 2012 | Seller FAQ
Business brokers are the professionals who will facilitate the successful sale of your business. It is important that you understand just what a professional business broker can do — as well as what they can’t. They can help you decide how to price your...
