BizBuySell

Did you know that the owner's involvement in a business affects its value? A semi-absentee business is more valuable than an owner operated business; the less an owner directly works the more a buyer will pay, all else being equal. Article by Larry Goldstein, Business Broker at First Choice Business Brokers https://bit.ly/3TYaJgy

Building a good connection and setting clear expectations are important for both buyers and sellers. For many small business owners, selling their business is not just a transaction - it's the culmination of years of hard work and personal investment. Similarly, buyers are often stepping into their dream of business ownership. And, as they say, first impressions are everything. Use the first meeting, to align goals, understand each other’s needs, and set priorities. A successful first buyer-seller meeting creates trust and rapport, which can affect the perceived value of the business. It also lays a strong foundation for future negotiations and even long-term partnerships. https://bit.ly/3EVSTps

First Month in Office: Tariff Negotiations and Market Uncertainty ?? https://bit.ly/3QxAimb

Why Consider Acquihire as an Exit Strategy? As a small business owner, it’s never too early to start planning your exit strategy. While many entrepreneurs focus on traditional options like passing the business on to family members or selling to a partner, acquihire has emerged as a compelling alternative. Exit strategies are important for small business owners as they help ensure a smooth transition and maximize the value of the business. An acquihire is a unique exit strategy that can be particularly attractive for small businesses with highly skilled employees or niche expertise. https://bit.ly/4hIhjRQ

It’s no secret business transactions are usually quite complex and delicate processes, often involving emotions, tough decisions, and a constant re-prioritizing of objectives. The business advisor’s job is to help minimize such challenges, foresee potential issues, manage both buyer and seller expectations, and get the transaction to a close as smoothly as possible. Sometimes it is smooth, but more often than not, complex transactions require patience, a fluid perspective, and complex solutions. This common challenge is known as “New Priority Lag.” Article by Matt Cole McDonald, Business Sales Advisor with SD Business Advisors https://bit.ly/438gmh7

What Are the Most Successful Franchise Businesses? ?? We look at franchise growth and continuity rates to find the brands that consistently succeed for their franchisees. https://bit.ly/3xpmxzH

If you're thinking about selling your business, it's important to have a clear and well-thought-out business exit strategy. To begin this process, you need to identify the elements that led you to consider selling your business in the first place, as the outcome of your sale is directly influenced by your intentions for selling. If you do not examine why you are selling in advance, you are much more likely to make costly mistakes. https://bit.ly/4kaGEW2

Business Valuation Multiples by Industry ?? Gain an insight into the business for sale market and pricing trends with revenue and earnings multiples based on the private sales of businesses over the most recent five-year period. https://bit.ly/4b2LrVD

If you're considering selling your business, it's important to remember that prospective buyers are looking for clear, objective facts that will convince them that your business will be a profitable investment for them. Although they may initially be attracted to your business for other reasons, their primary interest will be the bottom line. This means that you need to provide them with comprehensive, organized documentation and solid bookkeeping that demonstrates the historical performance of your business and back up your asking price. https://bit.ly/4hG1xa1

There should be more businesses for sale in 2025. Good news for people who want to buy a #smallbusiness.