Purchasing an established business can be a daunting and complicated process for many individuals. Understanding the steps involved in the acquisition and doing the necessary planning and preparation will enable the buyer to increase their chances for a successful transaction.
The BizQuest Staff has compiled a list of the most commonly used methods to value a business. This is excellent introductory reading for the business owner. Once digested, you may choose to advance to the Pratt/Reilly/Sheikhs “Valuing Small Businesses & Professional Practices”, the definitive 887 page text proving again that business valuation is a very complex practice.
Jeff Snell, M&AMI, CBI, ABI Founder and Principal Broker provides 37 critical questions you must ask before signing an agreement with any business broker. Don’t be fooled by a firm claiming to be “Certified” and insure the firm you hire WILL co-broker listings.
Jeff Snell, M&AMI, CBI, ABI Founder and Principal Broker writes about the prevailing Myths when Marketing a Business for Sale and explains how and why these common misconceptions can cost a business owner. Request this free report and avoid making costly mistakes.