You’ve worked extremely hard to build a successful construction business, and you’re reaping the rewards of that work. However, you’re ready to move on to something else, such as retirement or another business.
Before you close your company, think about selling it. Then, you can keep the business going without having to run it yourself.
Read on to learn more.
Prepare for...Read More
If you’re selling your business, at some point you’ll likely be presented with a term sheet. As the name suggests, this document will include the “terms” of the deal including the basic economic terms and conditions of a prospective acquisition. It is a list of conditions to be met if the sale successfully takes place, yet it is not legally binding.
What is the Difference Between a Term...Read More
Once you get to the stage of your deal where you have a signed letter of intent, you may already be feeling a sense of relief that your deal is near finalization. But remember that the due diligence stage is typically yet to come. This stage includes everything from financial and legal investigations to a review of specific information regarding how a business is run.
The due diligence...Read More
You’ve worked for years or decades to build your pizza parlor into what it is now. However, you’re ready to move on, either to build a new business or retire.
Either way, you need to know how you should sell your pizza shop. Then, you’ll be able to make the transition easy for you, the buyer, and any employees who will keep working there.
Keep reading to learn more.
Almost every sale of a business involves a high degree of negotiation between buyers and sellers. In this article, we share some of the questions you can ask yourself to prepare for this part of the process. After all, optimal outcomes are typically only achieved through proper negotiation strategies. Keep in mind that one of the key strengths possessed by Business Brokers and M&A...Read More