Top 5 Mistakes to Avoid When Selling Your Small Business

Top 5 Mistakes to Avoid When Selling Your Small Business

Congratulations! You know how to operate your business, and you’ve built it into a very successful enterprise.  However, the time has come to move on, whether it is for a new challenge or to kick back and enjoy the fruits of your labor. No matter the reason, you are ready to sell. However, too many small business owners mistake the knowledge they have accrued to succeed in their busines

Navigating the Sale of Your Business in the Current Economy: Strategies for Success

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Selling a business is a significant decision, and doing so in the midst of a dynamic and uncertain economy requires careful and strategic planning. While economic conditions may present challenges, they also offer opportunities for savvy entrepreneurs. Assess the Market: Before embarking on the sale process, it is crucial to assess the market conditions and understand how the current economy may

Key Takeaways from the IBBA Market Pulse Report for 4Q 2022

Key Takeaways from the IBBA Market Pulse Report for 4Q 2022

The quarterly International Business Brokers Association (IBBA) and M&A Source Market Pulse Survey was created to gain an accurate understanding of the market conditions for businesses being sold in Main Street (values $0-$2MM) and the lower middle market (values $2MM -$50MM). We want to provide you with some of the key points reviewed in the report. Why Most Deals Don’t Close and What You

How Long Does It Take to Sell a Small Business

How Long Does It Take to Sell a Small Business

Homebuyers are familiar with the mantra—location, location, location. Well, for a business owner looking to sell their business, there’s an equally important phrase to remember—timing, timing, timing. But if you are looking into selling your business, what does that mean for you? And exactly how long will the process take? As seen in the above chart (where intervals are measu