How to Evaluate a Business Acquisition Offer
Statistics show that there are 33.2 million small businesses in the US. This surprisingly accounts for 99.9% of all businesses in the US. If you own a business, you may eventually want to sell it. If this is the case, you will receive a business acquisition from a potential buyer. It is very important to understand what a business offer is and what details it should have. You will need to...Read More
How Improved Negotiation Tactics Can Benefit Your Deals
There is no underestimating the importance of negotiation when you are buying or selling a business. Let’s take a look at some of the most often used strategies and our recommendations. The Direct Approach One approach in negotiations is what we often refer to as the “take it or leave it” strategy. In this scenario, the buyer makes an offer, and the seller then counters that offer. There is...Read More
How to Transfer Business Ownership to Family
Did you know that there are more than 33 million small businesses in the United States? If you have a business, you might be wondering how you can pass it on to your family members. Many people think that it’s an easy thing to transfer business ownership. But this is not always true. Transferring a family business can be tricky if you don’t know what the process entails. This is...Read More
How Leases Factor into Business Sales
If you’re planning to buy or sell a business that involves a lease, this can lead to an extra level of complication. Oftentimes, such as in the case of a restaurant or retail establishment, the location is essential to the success of the business itself. That means that if you’re buying a business, you’ll have to make sure any lease issues you might encounter are straightened out before you...Read More