Pros and Cons of Selling Your Business without a Broker in Dallas Downtown

Pros and Cons of Selling Your Business without a Broker in Dallas Downtown

Are you ready to sell your business, but still on the fence about using a broker? You’re not alone. Many business owners, especially first-time sellers, feel compelled to DIY the process, thinking it will save them time and money. Selling your business can be a long process with many tedious steps.  An experienced business brokerage (plus the valuable resources they bring to the table)

How to Find the Right Buyer When Selling Your Small Business

How to Find the Right Buyer When Selling Your Small Business

Finding the right buyer for your business goes beyond getting the highest offer possible. As a seller in Dallas Downtown, you're looking for the most qualified buyer that best aligns with your values. After years of building your business, it’s natural to want a big payoff. But there are other factors, like preserving your legacy or maintaining the integrity of your company, that matte

3 Questions You Should Ask Before Hiring a Business Sale Broker

3 Questions You Should Ask Before Hiring a Business Sale Broker

If you decided to sell your business in Dallas Downtown, you now have two options: Do-It-Yourself or work with a business broker. In today’s climate, it takes a lot more than just sticking a for-sale sign in your window. The truth is, as a business owner, your time is better spent running your company; not dealing with prospects or negotiating deals. Hiring a broker may be your ideal optio

How to Sell your Business in Dallas Downtown in 2021

How to Sell your Business in Dallas Downtown in 2021

Over the past year, many owners have been working hard to keep their businesses afloat. At times, having to reinvent or resize their company to stay competitive amidst the pandemic.   Now, as things are turning around, you may be asking yourself, Should I sell my business?   As valuations continue to go up, and buyers remain eager to spend their money, it’s prompting to be a

Increasing Business Value: Your People

Increasing Business Value: Your People

You’ve heard the term working on the business versus working in the business, or, said another way, moving into a business owner role versus a business operator role. The business operator handles all the day-to-day operations, while the business owner works outside of the business by focusing on its growth and vision.     To increase the multiple of your business sale from a qu

Selling a Business - How to Avoid Deal Killers

Selling a Business - How to Avoid Deal Killers

Selling a Business: Deal Killers   You found a buyer for your business, they make a great offer, you accept, and everything should be smooth sailing after this, right? Many times, that is the case, but often sellers run into the dreaded “deal killer” before the sale can close.     So, what is a Deal Killer?   Due diligence is essentially a type of inspection

2020 Market Report

2020 Market Report

Curious about the current business maker? Read below to learn what happened in 2020 and what we can expect in the future.     Key takeaways of the 2020 market data: The federal stimulus packages offering reduced loan fees and coverage of certain payments continue to increase the demand of businesses for sale, both by buyers and lenders.  Many business owners waited out 2020 i

How Small Businesses Are Valued

How Small Businesses Are Valued

Almost every business owner ponders at some time: what is my business worth? And you may think the formula and the answer is fairly simple, but unfortunately, that Is not always the case, whether the valuation is in preparation to sell the business, raise capital, or just because you are curious. Depending on the purpose of the valuation, businesses are valued in different ways. These differ

An Explanation of How Businesses are Sold

An Explanation of How Businesses are Sold

When I tell people what I do, most have never heard of a business broker. And I'll explain the profession as a 'realtor for businesses.' Which usually gets me a  slight nod of understanding. But it's still not enough. Small business sales represent a large part of our local economies. Thousands of businesses are sold across the United States each year for totals in the hun