If you have already owned a business in the past then you understand the reason a seller wants to work with a qualified buyer. If this is your first venture into owning a business, the broker needs to know that you are capable of buying a business. The USA has 300,000,000 million people. All of [...]
Staying on track 1. Do you have a business-transition plan in place? 2. Who is involved in making the plan? 3. Does the plan have clear, yet flexible goals and timelines? 4. How often do you review and modify the plan? 5. Does your plan include communicating with your employees, suppliers and customers? 6. If [...]
We have invited many business owners to take the Sellability Quiz on our website, and so far the response has been positive! Comments include: “Even though I don’t plan to sell my business soon, this has given me valuable feedback on how I can improve the bottom line!” “The feedback I received tells me I [...]
When the price is right you get the most viewings, and from that pool you are most likely to get a buyer.
MBA Business Brokerage, Inc., will gather all of the information for the appraiser and work with the seller in getting all of the required information into the hands of the appraiser. We will provide samples of the type of work that the appraiser has done in conjunction with MBABB to any business that is interested [...]
Sam Z a young Arabic gentlemen that had the American dream, bought a rundown beverage store. He liked the location. It was surrounded by factories. The seller (Mike) had been there for 20 years. He had run out of steam. When I listed the business he said if another person walked into the store and [...]
We are Business Transaction Specialists. What this means to a seller is that we qualify a buyer. We make sure that anyone that is introduced to the business that is being sold has the financial wherewithal to accomplish a purchase and that the prospective buyer will give us a written statement agreeing to maintain confidentiality. Most sellers do not [...]
Valuing Your Business As a business owner considers placing his or her company on the market, ascertaining the proper value for the company is critical. Too often the owner assigns an unrealistic and unachievable arbitrary value then proceeds into the sale process only to be disappointed with the market’s response. As a result, the asking price [...]
Tony C had worked for a national company that did large volumes of copying. They asked him to move to another state. After having moved many times he decided that to raise a family he needed to stay put in one place. He made an offer on a print shop that we had for sale. [...]
How Long Does It Take to Sell a Business? A recent survey revealed the following about the length of time that selling a business requires: Average time from putting the business on the market to time of sale: Time Period % of Businesses Sold in This Time Period 1 to 3 Months 9.7 % 4 [...]
Selling A Business Is it time to sell? Selling your business is a major decision! You have devoted your time, money, and energy into building, running, and operating your business. It may well represent your life’s work. If you have already decided that now is the right time to sell, you want the very [...]