POSTS TAGGED : sell a business

5 Things to Consider Before Selling Your Business

Selling your business requires serious preparation—because, ultimately, it can change your life. You need to ask yourself several questions to ensure that you are 100% satisfied with a deal offered to you by potential buyers.

Business sales success

To make the selling process more manageable, you need to prioritize the questions in order of importance in order to ensure that nothing is missed before the deal is done.

The biggest concerns when selling a business are the current state of the business, values, and the seller’s readiness to go ahead with the deal.

Here are five key things to consider before selling your business:

1.

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How to Sell a Business Effectively

Most entrepreneurs get into the game because they love the idea of running their own business. They like to be in charge. They love their team members. They even love the industry they’re in. But sooner or later, you’ll need to put together an exit strategy—and that often means selling your business.

Sell a business

If your business is thriving, you shouldn’t have a problem attracting a potential buyer. But the process of selling a business is complicated, and if you want to get the highest price and experience the smoothest transition, you’ll need to prepare for it proactively.

Get Your Marketing Strategy Together

First, you’ll need to think about marketing your business for sale.…

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5 Best Business Brokers for Selling My Business

Building a business is a lot of hard work. Building an extremely successful business means you’ve consistently worked hard to grow and evolve your business. Now, it’s time to sell. The best way to have a great selling experience is to use a high ticket business broker.

Business broker meeting

Business brokers usually specialize in the revenue bracket they work in, ensuring you are getting a broker who is comfortable selling such a high grossing company. Additionally, you want to make sure that the person you are working with has a network of qualified buyers ready to buy a high ticket business. If you use someone without this network, it can take a lot longer to sell the business.…

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Selling Your Online Business? Here Are 5 Common First-Time Exit Mistakes and How to Avoid Them

Like many business owners, you might have found yourself at a crossroads lately. It might have been brought about because you’ve decided that you want to venture into a new business, or you’ve decided to retire altogether. In another case, it might have been brought about by a sudden need for a cash influx, or because you feel like you’ve already maximized all growth potential possible.

Online business for sale

Whatever your reason, you might find yourself wondering, “How can I sell my business?”

Selling an online business is no different from selling a brick-and-mortar business. In order for it to be successful and profitable, you need to devote substantial time and effort in planning and executing the sale process.…

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Business Law: 3 Things To Take Into Account If You Want To Sell Your Business

There comes a point in every business owner’s life when he takes his time to think about the idea of selling his business. Deciding to part with your business, though, is no easy task. As a matter of fact it is a very stressful undertaking.

Business for sale

Selling your business can sometimes be overwhelming, and most often a difficult process to handle. This process involves a lot of consideration and evaluation. This makes it imperative that you seek the advice of professionals and think about your decision very carefully.

That is why we have compiled some of the basic considerations that you need to take into account when deciding to sell your business.…

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Cashing Out on Your Business 101

This write-up is a personal memoir of my business startup to sale. Hold my hand and walk with me through my incredible 5-year business journey, right from the birth of my business idea, through the process of starting out, building the brand and to its final climax: selling out!

Business for sale

My entrepreneurial eureka moment came during a brainstorming session that birthed the idea; of starting a new business to launch a cosmetic manufacturing start-up firm.

At that point, the idea of ever selling the business never crossed my mind. I practically breathed and lived my business idea, my brainchild, my start-up firm!…

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Looking To Sell Your Small Business? Here Are Things You Need to Do

If you’re a typical entrepreneur, you have a habit of jumping from one idea and project to the next. When you find something that works and you build a successful business out of it, you’re already looking for the next thing to sink your teeth into. You get easily bored and can’t do the same thing for too long. That’s the reason you’re in the line of work you’re in. Entrepreneurs innovate. They don’t sit on successes of the past. They create the success of the future.

Sell a business

If you’re an entrepreneur anxious to move onto the next project, but you have to offload the current one, it’s not always easy.…

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