How Do I Prepare to Buy a Business?

If you are thinking about buying a business, you must ask yourself some important questions, such as:  Why do I want to be an owner? What types of activities do I like? What lifestyle is important for me? You’ll also want to be sure to include your family as part of the assessment.  Consider the [...]

By | 2022-05-12T09:04:10-05:00 May 12th, 2022|Blogs|Comments Off on How Do I Prepare to Buy a Business?

Planning For the Sale of Your Business

Taking the proper steps to plan a successful exit strategy can significantly improve the likelihood of a successful sale. No matter how secure you are in your business, no matter how satisfied, no matter how you expect to go on forever, you have to be constantly planning for the day you will no longer own [...]

By | 2022-04-12T09:00:23-05:00 April 11th, 2022|Blogs|Comments Off on Planning For the Sale of Your Business

What You Should Expect from a Professional Business Broker in PA and NJ

When it is time to sell your business, you will want to engage the services of a trained, experienced business broker to market your business to qualified buyers, and to oversee the transaction to ensure that it goes smoothly. One of the most important considerations when choosing a business broker is whether they can sell [...]

By | 2022-03-01T09:55:05-05:00 March 1st, 2022|Blogs|Comments Off on What You Should Expect from a Professional Business Broker in PA and NJ

Why the Most Exclusive Business Brokers Are So Picky

We once had a $7 million company that was not sellable. Even though this company was making $2.5 million profit a year for the owner, we had to tell the owner that we couldn’t sell his business. What he had was a profitable job with 25 assistants. This particular business was in existence for 15 years. [...]

By | 2022-02-01T09:35:12-05:00 February 1st, 2022|Blogs|Comments Off on Why the Most Exclusive Business Brokers Are So Picky

3 Things Most Business Brokers in Philadelphia Fail to Tell Clients

We find that a lot of business owners thinking of selling their business aren't as informed as they should be about the realities of selling a business. So we work hard to teach our clients and work with them to better understand how to build salable businesses. For this post, we put together the 3 [...]

By | 2022-01-04T12:42:04-05:00 January 4th, 2022|Blogs|Comments Off on 3 Things Most Business Brokers in Philadelphia Fail to Tell Clients

Wondering How to Determine the Value of a Small Business?

So, you have a great business that you’ve invested your heart and soul in, and now for whatever reason, it is time to move on. You have kept your eye on the EXIT and have done all the right things. At this point, business owners want to know: how do you determine the value of [...]

By | 2021-12-01T09:31:10-05:00 December 1st, 2021|Blogs|Comments Off on Wondering How to Determine the Value of a Small Business?

Want to Sell a Business Fast? Here’s What Buyers Are Looking For:

There are three types of buyers looking to buy a business: Industry Buyers, Strategic Buyers, and Individual Buyers. This blog will focus on how to sell a business fast to the Individual Buyer, which has the largest pool of buyers who are willing to pay the highest dollar amount for your business. Be Able to [...]

By | 2021-11-01T09:47:06-05:00 November 1st, 2021|Blogs|Comments Off on Want to Sell a Business Fast? Here’s What Buyers Are Looking For:

4 Common Signs You’re Ready to Sell Your Business

Remember how high your energy level was when you first started your business? You couldn’t wait to get in to work each morning, anxious to take on the challenges of each new day. You arrived early and stayed late, hardly noticing the relentless march of time. It was all about the pursuit of success. Do [...]

By | 2021-10-07T09:49:22-05:00 October 7th, 2021|Blogs|Comments Off on 4 Common Signs You’re Ready to Sell Your Business

How Time Can Kill a Deal When Trying to Sell Your Business

There's an adage that "Time Kills All Deals". As business brokers, we've found this adage to be absolutely accurate in any size transaction. Over the years, as we worked with business owners who were trying to sell their business, we found they often failed to grasp the importance of momentum in getting a deal finalized. [...]

By | 2021-09-07T10:16:25-05:00 September 7th, 2021|Blogs|Comments Off on How Time Can Kill a Deal When Trying to Sell Your Business

What is “Deal Fatigue” When Trying to Sell Your Business?

You’ve found a great buyer, agreed on terms, and you are moving through the process of selling your business.  Big sigh of relief! The worst is over. What could possibly go wrong? Deal fatigue! Anyone who tells you a business sale process is quick, simple, and pain-free either knows something the rest of us don’t [...]

By | 2021-08-05T08:18:50-05:00 August 5th, 2021|Blogs|Comments Off on What is “Deal Fatigue” When Trying to Sell Your Business?
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What every business owner needs to know.

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What to avoid when selling your business.

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