BUILT TO SELL – Video Series Part II – One Day My Price Will Come – Value/2 Minute – Are you prepared for a buyer’s offer??? How much $$$$ are you leaving on the table? Dan Stone – Principal, Transition360 – Buyers and banks can spend countless months kissing a business before making a serious commitment. Being well prepared … Read More »
So You Think You Wanna Exit ?
BUILT TO SELL – Video Series Part I – Strategic Growth Initiatives/2 Minute – How Much $$$$$ Are You Leaving On The Table? Terry Wyman – Principal, The Alliance Builders – Understanding how your company, IP, processes and systems are valued, helps you prioritize where to spend your time and energy as you prepare your business for … Read More »
I wuna retire, what’s my business worth?
OK, I’ll tell yah. I’m not going to dance around and throw out formulas or “Rules of Thumb”. I’ll deliver a straight answer. No double talk. No “consult your accountant”. No “call my 800-number”. A small business is worth what it can afford to pay for itself, period. Of course there are just a few … Read More »
Business Broker SBA Guidelines for 2014
What are buy/sell financing options that are working in todays economy? Business Acquisition Lending Cash Flow Requirements: 1) Cash Flow Coverages 1.15 to 1 debt service coverage ratio required for any loans greater than $350,000. 1.1 to 1.0 debt service coverage ratio required for any loans less than or equal to $350,000 PLUS 1.0 to … Read More »
The Buyer Down the Hall
Only 3 things can happen to a business once it’s been put on the market to sell. It sells internally. It sells externally. It closes and the value is lost. The more planning you do, the more value you’ll be able to transition. The more buyers you identify, the more cash you’ll get for your … Read More »