Like this article? PLEASE +1 it! Evan Signature
Evan Carmichael Top Header about About Home Profiles articles Tools forums inspirational quotes About facebook Twitter YouTube Blog

selling a business Tagged Articles



How To Sell A Business
If you are a business owner looking for a buyer for your business, it is important to appreciate the process of how to sell a business in order to increase the chances of your success.

Selling a Small Business in a Down Economy:
How is the market? Is This a Good Time to Sell?

How Much is My Business Worth if I Sold It?
The article provides insights as to how businses owners should utilize information regarding the potential value of their business to a third party

Improve chances of success when buying or selling a business
Business owners and buyers chances of success appear to be about 2% if acting on their own without proper preparation or education. Chances of success improve with level of preparation and understanding buyers and sellers have of the unique environment surrounding private company sales. § Business owners and buyers do not understand how to buy or sell a business and we had to show them how § Rate of success increased in direct proportion to the preparation and guidance we provided both buyer and seller § Successful brokers/intermediaries are educators first and salespeople second § Buying a business does not follow the usual buying/selling protocol § The process of Buying/selling a business is unique yet straight forward

Mission Impossible Buying a Great Business!
Remember the good old TV series Mission Impossible, the team who always got their man, well you can get your man too or, should I say business. It's similar to selling your house where location, location, location is the mantra but in the case of buying a business it's planning, planning, and planning. Yes, it's possible to find a pretty good business, but you're going to expend a lot of sweat, blood and tears in the process. So, before accepting the challenge, have a clear plan of action before embarking on this mission. As with all journeys, you'll need a comprehensive roadmap. It's no use waking up one Monday morning and saying to your self, Oh! I think I'll try and find my dream business today. This is a recipe for barrels of frustration and nothing to show for it, except a depleted bank balance...

How You Can Sell A Business Yourself - No Help Needed
What you need to know to sell your business - The decision is made and you are keen to put your business on the market. What is the next step? What do you need to know about selling a business successfully? Here are some general tips to help you gain a better understanding of the process of selling your own business:

Stupid Choices in the Selection of Sales Assessments
When you use an assessment in the sales recruiting process, it must be customizable so that criteria unique to your business, like I described above, can be factored in. That way, in addition to whether the candidate meets our criteria of a successful salesperson, we must be able to determine whether the candidate will be able to succeed in the face of the company's unique challenges.

Why A Business In Canada Is More Difficult To Buy
Many Canadians thinking of buying a business turn to the Internet and read the wealth of information available. The trouble is that the information they ready is usually based on the US market and the Canadian business resale market is much different.

How To Prepare To Sell A Business
Business owners invest much time and effort into their businesses, and most arrive at the hard decision to sell their businesses at some point in time. There are various reasons for selling a business, and although each circumstance is unique, most owners have similar incentives and concerns. It is an emotional and difficult process, and the most advantageous deal is achieved by understanding the steps and factors that determine the best time to sell.

Franchise Resales Part II - Due Diligence Tips
This is the second of a two part series dedicated to helping people better understand the give and takes of investing in a franchise resale.

What to Expect when Selling a Business for the First Time
Many business owners who are selling a company for the first time do not know what to expect. Of course, every transaction is different and no one can truly predict what you will face. However, here are nine “surprises” that any first-time business seller may encounter:

Small Business Owners, are You Planning now for the Economic Uptick…?
If you’ve been waiting for the economy to turnaround before selling your business, now’s the time to start planning your transition. As bank lending eases and buyer liquidity improves, you’ll want to be ready to tap into the market and take advantage of being the early bird that catches the buyer.

To “Buy” or to “Start”, that’s the $64,000 Question?
There’s no question that buying a going concern can have many advantages. If the company has a well-defined marketplace, an established business offers a sound platform to expand and further grow the business. It will have employees, customers, processes, a business model, cash flow, and inertia all in place. Further, it is easier to borrow from a bank when your company has a history and everything is a matter of record.

Acquiring an Existing Business…a Sound Strategy
Many people aspire to be an entrepreneur, but starting up a business is not for the faint hearted. On the other hand, buying an existing business, rather than starting one from scratch, can be a sound strategy to achieve this dream.

WHAT TO LOOK FOR WHEN YOU BUY OR SELL A BUSINESS
Many business owners try to sell their business when it is not ready to be sold which makes it almost impossible for a buyer to see the real value of the business. The following article will provide guidelines on how to sell a business and how to buy a business.

Planning the Sale of a Business
Preparation is key in the process, and taking a step back months in advance before selling to make the improvements to the business, will only increase your chances of selling your business.

Career Planning for Baby Boomers -- Starting, Buying or Selling a Business
If you are planning to continue working after retirement, or a change of track while you are employed, starting or buying a business may be just the thing for you. Or, if you already have a small or mid-sized business, you might consider selling it for a profit, or to switch fields.

What to Look for in an Online Business
Before diving and in and making a financial commitment to an online business, make sure you know what to look for to avoid investing in an online business which is doomed to fail.

Does Size Matter? (When selling a Business?)
When you make the decision to sell... Often times there is a question that arises once you begin the process that many business owners do not have before they started. Does it matter what size the business brokerage (M&A) firm is that I hire to sell my business? This article gives the positives and negatives of big and small business brokerage firms.

Don’t leave $money$ on the table when you sell your business!
Don't be fooled...the value in your business is not seen ONLY in the Financial Statements. In this article we focus primarily on "Potential" and how you can sell this aspect of your business to a buyer.

What is more important that Profit when buying or selling a business?
Warren Buffet says that there are key business drivers that will are key to telling the future profitability of business. And surprisingly it is not just about the past numbers. Using a clear guideline that Warren Buffet uses himself, a business owner or business buyer can look past the number to properly analyze a business for sale. Business sellers need to know about this because clearly identifying these are keys to selling a business for more money. Business buyers need to understand these so that they are not fooled by just focusing on the Financial statements.

When Buying or selling a business it is crucial to discover the competitive edge!
When buying or selling a business there are more important items than just financial statements to see the complete value of a business. Even if you have to pay more for a business with one of these business moats. It is well worth the extra expense to have a company that will stand the test of time. A business that will survive and even thrive in Good, bad or even flat economies.

Stock Market Volatility and the Impact on Small/Medium Size Business Owners and Buyers
Recent stock market activity has created a sense of uneasiness among small to medium, size business owners attempting to sell their business and has also created a greater awareness of risk among those seeking to acquire such businesses. A down market does not necessarily preclude business sales - volatility, however, as we have witnessed during August 2011, instills an element of uncertainty that can adversely influence the confidence of buyers that have been seeking business ownership and its correlative fulfillment of the American Dream.

Considering selling your business? Here are a few things to consider
When selling a business it is important to not get side tracked. Often times business owners look for the wrong things in a business broker when trying to decide on one. From the business broker that will give them the \"highest price\" to the a business broker that has MBA\'s and fancy initials. While this is important don\'t be fooled. There is not a degree that will make you a successful business broker.

Entrepreneurs Business Brokers and success
A few important issues to consider when looking for a Business Broker to help you buy or sell a business.

Is My Business Ready to Sell?
Selling a business can be a stressful time in ones life and not being familiar wth the process can make it even worse. Make sure you know exactly what is involved when selling a business.

An Earn-Out May Seal the Deal
Earn-outs are often feared by sellers; the right advisor under the right circumstances can greatly enhance the value of the sale of a business for the seller.

Accountable? Yes, But to Whom??
In this month's article, we discuss Accountable Care Organizations (ACOs) and their implications for owners of businesses in the healthcare and medical fields.

Other selling a business Related Articles

Up-Selling - Do you want Fries with that Burger?
Up-selling your services is a great way to increase business. This article explains the up-selling process. It compares up-selling with cross-selling and explains how and when to use both.

Direct Sales Marketing Success: How to Sky Rocket Direct Sales Profits by 50% With Two Simple Words
One of the Deadliest Mistakes many direct sales consultants and direct selling business owners make in their business is lack of follow-up! This deadly mistake is tied to misconception that you are not selling, you are just sharing! Direct Sales is the business. Direct Selling, with they key word being selling is the name of the game. Home parties is the avenue by which these sales are made.

The 18 Disciplines of Selling: Part 2
The 18 Disciplines of Selling began with the Rules to understand before you can ever excell as a salesperson of anything. In Part 2 we examine the first three building block disciplines that you must master to excell. Selling is much more than some tricky and slick closes or opening lines or "silver bullet" techniques. It is imperative to excel at the "art" of selling to master the other little things the nuances in order to really win. Whether you're selling an idea; asking for a raise; selling your product or service that your business offers, whatever you're selling you MUST master these 18 Disciplines in order to survive and thrive. We now begin the journey with Disciplines #1 through #3.

If I am thinking of selling my business, where do I start?
Knowing where to start when selling your business can be hard to figure out. When selling your business, it’s important to consider a few things first: what assets come with the business? What fixtures, furniture and equipment are included and how is the inventory? Asking yourself these questions and addressing them first can ensure success when selling your business. This article explains each of these in greater detail to help when figuring out where to start when selling your business.

Is Selling Your Small Business Under Consideration? What's Your Formula For Selling Your Small Business?
Is Selling Your Small Business Under Consideration? What Is Your Formula For Selling Your Small Business? As a small business owner you have a range of options that you need to carefully consider to make sure you really maximize your business sale potential. Let's face it, many of you will fund your retirement with the proceeds of the business sale, so it is critical for small business owners to have a well thought out formula for selling a business regardless of selling your business now or in the future - It just makes good business sense and provides peace of mind. Here are a few ideas to help you put your own formula for selling your small business together.

11 Sales Lessons for Life
Does life teach us about selling or does selling teach us about life? No doubt, it works both ways. But the business of sales and those who find their careers in selling, are unique. Selling involves full engagement and the most successful salespeople agree that they never really leave it; that selling is in fact, a way of life.

Does Your Small Business Plan Involve Selling Your Small Business?
Does Your Small Business Plan Involve Selling Your Small Business? It Should, Here's Why... You're probably aware that a small business needs the correct planning to conceptualise, start, build, and grow. But did you know that being fully prepared to sell is just as important? Well it absolutely is! Ideally, right at the inception of your business, your business plan should include a good strategy for selling whether through choice or necessity. It is important to be fully prepared for the unexpected than not. Even if you have no intention of selling it in the beginning because you would want to run it for the rest of your life, a comprehensive plan right at the start of your business that includes selling your small business will be a driving force for you to strive to steer your business to success and bring in the profits.

10 Reasons Why Selling IS Better Than Sex
The world's oldest profession involves selling. One might even argue about which came first - the selling or the sex? In fact, selling and sex are so closely related that succeeding at either one of them can be euphoric, addictive, and good fun. Some people might like to argue that selling is not better than sex. They believe it's the other way round.

Article # 27 Need A Business With No Personal Selling or Convincing Ever?
If you are like me and hate selling, you are not alone. 85% of people who own a business hates personal selling or trying to convince their prospect that their product is the best. So what do we do? How do you stay in business with no personal selling or convincing ever? Don’t you need customers to keep your doors open?

Does Your Sales Team Use Needs-Based Selling Techiques?
One of the biggest breakthroughs in sales strategy was the evolution from the old feature-benefit sales approach to a "needs-based" selling model. Now, once again, it's time to move on. Needs-based selling is no longer effective. Your competition is probably selling the same way. Therefore, the prospect has trouble differentiating you from the competition, and will buy on price. With everyone selling to needs, you are back to fighting on price, trapped in long selling cycles, accepting "think-it-overs," and selling even a unique product and service like a commodity.

Featured Article

Bottom Footer



Newsletter

Get advice & tips from famous business
owners, new articles by entrepreneur
experts, my latest website updates, &
special sneak peaks at what's to come!
Name:
Email:
Popular Articles

How To Become A Member of the Paparazzi

The Basics Of A Home Based Internet Business

Get Your Business on Google Places

Suggestions

Email us your ideas on how to make our
website more valuable! Thank you Sharon
from Toronto Salsa Lessons / Classes for
your suggestions to make the newsletter
look like the website and profile younger
entrepreneurs like Jennifer Lopez.