A quick scan of the subject will show many different kinds of business valuation, all purporting to be useful for someone thinking of selling their business. How about we take a look under the covers. First, what is a valuation used for? It seems obvious, but let’s just put it in writing at the outset. [More]
Coronavirus Discount and Deferred Payment Offer
Prepare to sell your business while you wait to re-open it Order your valuation now with only a nominal deposit and pay the rest later. (And enjoy a 20% discount if you order by May 31) Businesses are typically valued over a multi-year historical time frame. For example, our valuation model analyzes the last three [More]
How many lookers does it take to find a business buyer?
Sometimes it might seem that a business broker has it pretty good. After all, what does he or she do? Put an ad up on the Internet, and take some calls? A buyer appears, there’s some negotiation, and then the broker gets a big commission at the closing. Not a bad way to make a [More]
An almost impossible situation
It usually takes a long time to find a buyer for a business, negotiate the sale and the financing, and handle the escrow and closing services. Many brokers say to allow about 9 months or so, on average. So, I just about said “Sorry, no way I can help you” when I got the call [More]