by Steven Beal | Oct 24, 2022 | Uncategorised
We are halfway through our top five myths that business owners have when they think about selling their businesses. In this episode, we want to talk about valuing your business. Some owners will base the company value on what they need for retirement. Others will tell... by Steven Beal | Oct 17, 2022 | Uncategorised
Ever bought a house? The math looks good – you have the down payment, you even know what you will pay in land transfer tax, so you’re good, right? Not by a long shot. The closing costs can kill you – lawyer’s fees, moving costs, new furniture,... by Steven Beal | Oct 10, 2022 | Uncategorised
I talk to a lot of owners who just assume there is a large pool of buyers out there for their business and they further assume the buyers are rich and will pay top dollar for their business. Many times, a business owner says to me “call me when you have a rich... by Steven Beal | Oct 3, 2022 | Uncategorised
Anyone who has ever bought or sold a business, or has even thought about it, has heard the term “due diligence.” Most people I meet don’t know what it is or, if they do, severely underestimate what it means. It is best to compare it to a more... by Steven Beal | Sep 26, 2022 | Uncategorised
Over the next few posts, we want to talk about the five most common myths that business owners have when they think about selling their business. In this post, we want to talk about the “do-it-yourself” myth. Myth #1 – I Can Sell It Myself Many... by Steven Beal | Sep 19, 2022 | Uncategorised
One of the biggest questions I get when talking to business sellers (and buyers) is “What is this business worth?” The answer is never easy, but let's discuss some of the approaches we take when we value a business – and I will discuss some...