10 Burning Questions Every Business Buyer Wants Answered https://bit.ly/3YMyAB9
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When you go to sell your house you look at it like a castle. ?? When you go to buy a house, you look at it like a hovel. ?? The first thing you need to do when you’re thinking about selling a business, is get an outside perspective on what it’s worth. That means getting a professional valuation done. ?? Then you’ll have a realistic idea of what your business is worth and where to go from there. To hear my other 6 steps that can help make you part of the successful 30% of business sellers watch the whole video! The info is waiting below! ?? #SellYourBusinessEasily #ExitingBusiness #TransitioningOut #ExitPlanningAdvisor #BusinessTransition #SuccessfulExit #ExitWithSuccess
Be The 30% That Sell With Success
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When preparing your business for sale, focus on more than just the valuation. Presenting a well-maintained operation can significantly impact buyer interest. You enhance its appeal by addressing unresolved challenges and improving your business processes. I’ve helped many business owners like you identify and resolve potential issues that may deter buyers. Schedule a confidential discussion with me to get started! ??: +64 9 555 6039 ??: +64 21 676 832 ??: [email protected] #prepareforsale #buyersinterest #businessprocess #sellingabusiness #businessbroker #sellingtips
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Attention business owners! Want to know the worth of your business? This video reveals the step-by-step process to calculate the most probable selling price. If you haven't watched my previous video on discretionary earnings, give that a watch to get the most out of this process. https://lnkd.in/eYCPw9gp
Valuing a Business for Sale (Part 2)
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I was speaking to a business owner earlier today who has received 3 approaches this week to talk about buying his business. Are your ducks in a row ready for a potential sale? Get on the front foot by considering working with us to set up a data room for the documents that will be part of due diligence within a business sale process. When I sold my business last year, I was asked for 600 documents during the due diligence phase. Having your ducks in a row will save you time and money as well as making your business more attractive to potential buyers.
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One of these mistakes could cost the sale of your business! In this video Celine shares the top 5 mistakes business owners make when preparing to sell, and how YOU can avoid them. #themoreyouknow #tipsforbusinessowners #insideinformation #sellabusiness #buyabusiness #businessbroker #murphybusiness #lakelandbusinessbroker #lakelandbusiness
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Understanding Contracts When Selling Your Business If the seller already has contracts in place, you need to ask if those contracts can be transferred to you. Now, sometimes, these contracts are based on special titles, like being a woman-owned business or a veteran-owned business. So, if the seller's getting contracts based on being a woman-owned business, but you're not planning to keep it that way, you could run into problems. That's why it's super important to dig deep and find out what kind of contracts they have. If the contracts are commercial, it's still important to know if they can be transferred. You don't want to buy the business and then find out later that the contracts don't apply to you. But don't worry, contracts can be a good thing! Businesses with contracts, especially multi-year ones, are solid businesses. So, don't be scared of contracts – just make sure you understand them before you make any big decisions. Ready to sell your business but not sure where to start? We offer FREE Business Valuation! Reach out to us today ?? https://lnkd.in/gPp-RDbK 10X Business Broker – Confidential, Trusted, & Experienced. We 10X Your Service, Results and Offers www.10xbusinessbroker.com #businessowners #businessbroker #10XBusinessBroker
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I’m not selling my business for less than £1 Million! … When a business owner decides to sell their business here is where most start. Many owners kick off negotiations with a bold declaration: “My business is worth X.” This number becomes the anchor from which everything else is negotiated. However, this approach often overlooks a crucial element – evidence. The problem? Without supporting data or a performance history to back up that initial figure. Sellers inadvertently weaken their negotiating stance. Buyers are quick to challenge valuations. This leads to discussions in a direction no seller wants: downwards. The Solution? Start with substance. Bottom line: our valuation is only as strong as the evidence that supports it.?
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The duration to sell a business can vary widely. Factors like industry, size and market conditions play a pivotal role. See below for a brief timeline overview of the process.
The duration to sell a business can vary widely. Factors like industry, size and market conditions play a pivotal role. Here's a brief timeline overview of the process: 1?? **Preparation Phase**: Getting your business ready for sale typically takes a few months. 2?? **Listing Period**: Once it's on the market, finding the right buyer can take several months. 3?? **Due Diligence**: This phase, where the buyer investigates the business, can range from a few weeks to a few months. 4?? **Closing the Deal**: Finalizing the sale and transfer of ownership can take several weeks. Remember, patience and persistence are key! Working with a business broker like us can expedite the process and let you focus on running your business. ???? If you’re ready to sell your business, today is a great day to get started with our complimentary business evaluation calculator: https://lnkd.in/eY6SFwYQ #BusinessSaleTimeline #PatiencePaysOff #SellSmart #FreemanLundt
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Business owners! Starting to think about selling part or all of your business and realising there’s a vast array of buyers out there, each with different approaches? Start by clarifying what YOU want for yourself and your business. When you're clear on your goals, you can identify and engage with buyers who align with your vision, setting the stage for a successful transaction. We’ve put together a brief guide to the types of buyers you can expect as a starting point on your journey. Read more here https://buff.ly/3X3UpLA
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I’m not selling my business for less than £1 Million. … When a business owner decides to sell their business here is where most start. Many owners kick off negotiations with a bold declaration: “My business is worth X.” This number becomes the anchor from which everything else is negotiated. However, this approach often overlooks a crucial element – evidence. The problem? Without supporting data or a performance history to back up that initial figure. Sellers inadvertently weaken their negotiating stance. Buyers are quick to challenge valuations. This leads to discussions in a direction no seller wants: downwards The Solution? Start with substance. Bottom line: our valuation is only as strong as the evidence that supports it.?
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