What Are the Financial Considerations of Seller Financing?
Deciding how the purchase of a business should be structured is no small task. If you are planning to help finance the sale of your business, you’ll want to tackle this issue very early in the sale process. When it comes to small business sales, a high percentage of deals include some seller financing. Here are some of the most important things you’ll want to think about beforehand. Interest...Read More
Prepare for Your Exit When You Launch Your Business
You’ll often hear business brokers and M&A advisors say that the right time to prepare for your exit is when you first launch. By that they mean that it’s important to always be thinking about how to optimize your business so that it is streamlined for an eventual sale. Some of the savviest entrepreneurs and business owners are also thinking about partnering with those who will...Read More
A Guide to Selling a Residential Roofing Services Company
The standard formula for business valuation is multiplying your gross annual revenue by three. On average, this will be the approximate value of your company. Many factors can influence this number, though. The industry you operate within and the size of your business play a role. Determining value is only the first step, though. If you’re looking to sell a residential roofing services...Read More
The Types of Business Exit Strategies: Which One Is Right for You?
Almost half of all business owners don’t have an exit strategy. Though it might sound surprising, it’s easy to see how this happens. When we start and build a business, it’s a commitment that’s often unmatched in other areas of our work life. So, we don’t give much thought to what will happen when we are no longer a small business owner. But having an exit...Read More
