The Apex Guide for First-Time Business Sellers
We recently did a guide for first-time buyers, so we naturally wanted to cover the other side of the transaction: first-time sellers.
We recently did a guide for first-time buyers, so we naturally wanted to cover the other side of the transaction: first-time sellers.
When sellers ask us about timing a sale, in one way they are asking the obvious question: how can I optimize my exit? We have a simple answer to that question: you can’t time the market.
An “add-back” is an expense credited to a business’s reported profit to show a more accurate picture of what a buyer could earn.
One of the things we always want to speak more about is what happens after a sale. Is there a happy ending? What’s the sequel?
A rising interest rate environment can often lead to more seller financing in the marketplace. Banks look at cash flow, working capital, owner salary, and debt service.
Over the years, we have learned about qualities that matter in buyers that sellers should be on the lookout for.