https://www.youtube.com/watch?v=efWElH2ceSY&t=18s You only get one chance to sell your business. Make sure you do it right! Contact EBIT today to get started on your exit strategy. EBIT sells over 75% of our client companies at a higher price than the broker community. ...
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The sale of a business can be a complex process. A legal mistake can bring the entire sale process to a halt. Legal mistakes can also be very costly mistakes. In this article we will take a look at what you can do to avoid...
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There is nothing more important than the aspect of due diligence when it comes to buying a business. This investment is the largest financial decision that most people will ever make. With this in mind, you will want to leave no stone unturned. Here are...
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You have put a great deal of yourself into your business. The day will come when you will have to walk away from your business and begin a new chapter of your life. Businesses are often transferred from one family member to another. Here are...
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The two key factors when selling a business are professionalism and confidentiality. You will most likely run into problems if either of these two factors are lacking. A breach of confidentiality causes many deals to fall apart. A breach of confidentiality can adversely impact everyone from...
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Your partnership agreement is one of the most important business documents you will ever sign. Many people go into business with relatives, loved ones or lifelong friends and discover too late that they should have had a partnership agreement. A partnership agreement protects everyone involved...
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No matter how much you love your business, sooner or later you will have to embrace retirement. A lot of business owners have never sold a business before and may not know what to expect. It is key to do everything possible to make selling...
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Some people know that owning a business isn't for them. For others, the attraction and appeal of being a business owner can be powerful. If you are uncertain whether this path is for you, here are three simple questions to ask to gain clarity. 1. Are...
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Banks love collateral. If you fail to repay your loan, then the bank has something it can take. Many people who want to start a business lack collateral. Here are the top two ways to purchase a business without collateral. 1. The SBA You will need some...
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It would be easy to assume that “fair market value” and “fairness opinion” mean the same thing. To some degree you can base a fairness opinion on fair market value. However, the similarities end there. Let’s assume that you are the president of a privately held...
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