Sell a Business Articles

Understanding the Complexities of Buyer Motivation

By Patrick Bice / June 15, 2024 / Comments Off on Understanding the Complexities of Buyer Motivation

Negotiations can often be both perplexing and delicate. A simple misstep can jeopardize what could have been a great deal. One key but often overlooked tool in any negotiation is to pause and consider the wants, needs, and desires of the other party. Contemplating the ideal outcome for them can work wonders. Understanding what motivates…

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How Does Your Business Compare?

By Patrick Bice / June 9, 2024 / Comments Off on How Does Your Business Compare?

When considering the value of your company, there are basic value drivers. While it is difficult to place a specific value on them, one can take a look and make a “ballpark” judgment on each. How does your company look? [table id=4 /] The possible value drivers are almost endless, but a close look at…

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Considering Seller Financing

By Patrick Bice / June 8, 2024 / Comments Off on Considering Seller Financing

Many sellers are surprised to learn that seller financing is very common. In fact, sellers should realize that there is a good chance that in order to sell their business, they will have to consider offering seller financing.  What is Seller Financing? Seller financing essentially occurs when the seller provides a loan to cover some…

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Unlocking Business Potential with Strong Recurring Revenue

By Patrick Bice / June 1, 2024 / Comments Off on Unlocking Business Potential with Strong Recurring Revenue

Everyone loves recurring revenue and for good reason. When buyers see recurring revenue, they instantly know that a business is stable, has positive cash flow, and, importantly, has room for potential future growth. There is no way around the fact that buyers want a business to be predictable. In short, buyers want to see consistency…

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Cultivating Success: The Impact of Business Brokers on Closing Rates

By Patrick Bice / May 18, 2024 / Comments Off on Cultivating Success: The Impact of Business Brokers on Closing Rates

Business brokers and M&A advisors consistently improve closing rates. There are many reasons why this is the case and, in this article, we’ll explore some of the top reasons why brokerage professionals get results. When it comes to selling a business, few variables are as important as how your business is presented. A key area…

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How Does Your Business Compare?

By Patrick Bice / May 16, 2024 / Comments Off on How Does Your Business Compare?

When considering the value of your company, there are basic value drivers. While it is difficult to place a specific value on them, one can take a look and make a “ballpark” judgment on each. How does your company look? [table id=4 /] The possible value drivers are almost endless, but a close look at…

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How Does Your Business Compare?

By Patrick Bice / May 10, 2024 / Comments Off on How Does Your Business Compare?

When considering the value of your company, there are basic value drivers. While it is difficult to place a specific value on them, one can take a look and make a “ballpark” judgment on each. How does your company look? [table id=4 /] The possible value drivers are almost endless, but a close look at…

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Strategies for Maximizing Market Dominance: Key Steps to Boosting Business Value

By Patrick Bice / May 4, 2024 / Comments Off on Strategies for Maximizing Market Dominance: Key Steps to Boosting Business Value

At some point, you will need to sell your business. When the time comes to put your business on the market, it is in your best interest if your business has a dominant position in the market. Potential buyers will be far less excited about your business if you are playing catch-up to one or…

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The Emotional Side of Selling Your Business

By Patrick Bice / April 27, 2024 / Comments Off on The Emotional Side of Selling Your Business

It is easy to get lost in the numbers when it comes to selling your business, but it is important to remember that the numbers only tell one side of the story. Both buying and selling a business come with significant mental and emotional ramifications.  Why is this so critical to understand? Sellers who are…

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What Should You Expect from Your Business Intermediary?

By Patrick Bice / April 13, 2024 / Comments Off on What Should You Expect from Your Business Intermediary?

Eventually every business owner needs to sell or think about who will take over their business when they retire. Working with an intermediary is an easy and streamlined way to jumpstart the process and learn what mistakes to avoid. A business broker or M&A advisor can help you to understand what steps to take to…

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