Myth: “My CPA will tell me when it is time to start planning for my business transition.” (Replace CPA with “attorney,” “financial planner,” or “insurance professional” and the myth remains intact.)
Fact: Your advisors, be they CPA’s, attorneys, Financial or Insurance Professionals, may not initiate planning discussions primarily because you have not told them you are [...]
Posts Tagged ‘business broker’
Who will help you build your Exit Plan?
Posted on December 1st, 2009 by Bay Area Business Sales
Filed under: Exit Planning Team, Exit Strategy, Personal Wealth
Sold! To The Highest Bidder
Posted on November 30th, 2009 by Bay Area Business Sales
Filed under: Business Owner Objectives, Exit Strategy, Personal Wealth, Transferring Business Ownership
In today’s Merger and Acquisition marketplace, an all-cash buyer is as rare as a balanced federal budget. Those buyers who do arrive at the closing table with cash in hand may not be over-burdened with huge bagfuls.
Almost as uncommon as the all-cash buyer is the offer of a valuation multiple that approaches (much less matches) [...]
Going It Alone
Posted on November 5th, 2009 by Eric Nielsen
Filed under: Exit Strategy, Transferring Business Ownership
So what if you’ve never sold a business before? You know what you want from the sale of yours. You know your business better than anyone else. Who better to lead the charge than you?
Don’t mislead yourself. You may be the worst possible person to sell your company.
Why? You may be the person most attached [...]