by Steven Beal | Sep 12, 2022 | Uncategorised
The easiest issues can be the most difficult when you sell a business. If you own a business with inventory, it seems obvious that the value of the inventory is in addition to the value of the business. So if you have a business worth a million dollars, and you have... by Steven Beal | Aug 22, 2022 | Uncategorised
Many people dream of owning their own business, and they just assume they have to start it from scratch. The reality is that starting a business from scratch can be risky. Buying an existing business can be faster, cheaper and safer than starting a business. But... by Steven Beal | Aug 15, 2022 | Uncategorised
In order to maximize the value of your business, it is important that the owner not be indispensable in his/her business. But business owners need to consider that one day, you will be no longer able to run your business. No one likes talking about the four... by Steven Beal | Aug 8, 2022 | Uncategorised
Typically, cash is not transferred during a business sale. In an asset sale, the owner keeps his/her corporate entity, and all bank accounts, plus cash. Even in a share sale (when the buyer takes over the legal entity), the cash balance is typically stripped down to a... by Steven Beal | Aug 1, 2022 | Uncategorised
The key element in selling your business for maximum value is ensuring you own a business and not just a job. The biggest deal breaker when you want to sell your business is how involved/important the owner is to the successful operation and profitability of that... by Steven Beal | Jul 25, 2022 | Uncategorised
Accounts receivable may or may not be part of a business sale. Where it is left in, it is typically matched up with the payables (i.e., the buyer takes over the receivables and pays the payables). Specific things to look for when you examine accounts receivable are:...