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Great Tips for Selling Your Business

By Meritus | April 1, 2020 | Comments Off on Great Tips for Selling Your Business

It takes preparation and focus to sell most businesses.  The reality of the situation is that it can take years to achieve this goal.  Partnering with a business broker or M&A Advisor is a smart step towards selling any business, as these pros know the very best tips.  In that spirit, let’s take a look…

Should You Sell Your Family Business?

By Meritus | March 31, 2020 | Comments Off on Should You Sell Your Family Business?

When the complicating variable of family is added to the equation of selling a business, the situation can get rather messy.  Family usually complicates everything and businesses are, of course, no exception.  Ken McCracken’s recent article “Family business: to sell or not to sell?” 6 questions to help you make the right decision,” seeks to…

Consider buying an existing business!

By Meritus | March 30, 2020 | Comments Off on Consider buying an existing business!

    Do you want to own your own business? Are you tired of having to work hard for someone else? Are you interested in owning a business but aren’t sure of how to take the first steps to purchase one? The first step in buying an existing business is knowing what industry you want…

What Kind of Buyers are You Most Likely to Meet?

By Meritus | April 3, 2019 | Comments Off on What Kind of Buyers are You Most Likely to Meet?

Selling a business can be an exciting and rather lucrative time. But going through the sales process means embracing the notion that you’ll have to be very prepared for whatever might be thrown your way. A key aspect of preparing to sell your business is to know what types of buyers you’re likely to encounter.…

New Year’s Resolutions & Selling Your Business

By Meritus | March 20, 2019 | Comments Off on New Year’s Resolutions & Selling Your Business

Most people fail to keep their New Year’s Resolutions. But where buying and selling a business is concerned, failing to keep those resolutions could mean an abundance of lost opportunity. Todd Ganos at Forbes recently penned a thought-provoking article entitled The 8 New Year’s Resolutions for the Sale of Your Business. In this article, he…

Confidentiality Agreements: What are the Most Important Elements?

By Meritus | March 6, 2019 | Comments Off on Confidentiality Agreements: What are the Most Important Elements?

Every business has to be concerned about maintaining confidentiality. In fact, it is common for business owners to become somewhat obsessed with confidentiality when they are getting ready to sell their business. It goes without saying that owners don’t want the word that they are selling to spread to the public, employees or most certainly…

Goodwill and Its Importance to Your Business

By Meritus | February 27, 2019 | Comments Off on Goodwill and Its Importance to Your Business

What exactly does the term “goodwill” mean when it comes to buying or selling a business? Usually, the term “goodwill” is a reference to all the effort that a seller puts into a business over the years that he or she operates that business. In a sense, goodwill is the difference between an array of…

Around the Web: A Month in Summary

By Meritus | February 11, 2019 | Comments Off on Around the Web: A Month in Summary

A recent article from Divestopedia entitled “7 Fundamentals to Due Diligence You Need to Know” explains the due diligence process and what it means regarding sellers and buyers and their roles in the process. Whether a company is being sold or it is merging with another company, it is standard practice to go through the…

A Look at Divestopedia’s Article, “The Myth of Fair Business Valuation”

By Meritus | February 7, 2019 | Comments Off on A Look at Divestopedia’s Article, “The Myth of Fair Business Valuation”

In Divestopedia’s article, “The Myth of Fair Business Valuation: What Professional Valuations Don’t Tell You,” author Chak Reddy is quick to point out that the “type of buyer and method of sale are two important (yet often overlooked) value determinants when finding a starting price for your business.” Reddy brings up some excellent points. One…

5 Big Questions to Consider when Financing a Business Sale

By Meritus | January 30, 2019 | Comments Off on 5 Big Questions to Consider when Financing a Business Sale

How should the purchase of a business be structured? This is a point that you’ll want to address early in the sale process. For most people, buying or selling a business is one of the most, if not the most, important business decision that they will ever make. For this reason, it is vital not…