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Many small business owners set a price without performing a proper valuation. Unfortunately, this only slows down the sales process. If your price is too low, prospects might assume that something is wrong with your business. If it’s too high, they will look for other options. So, ensure you complete a thorough valuation for a smooth sale.
Selling a business is not something you wake up one morning and decide to do it right there and then. A lot of preparation and planning should go into play. As an example, you need to think about your business’s growth potential as you prepare for sale. Companies with high growth potential may sell for a lot more, because prospective buyers know what they’ll be getting in terms of return on investment and vice versa.
If you are thinking about selling your company soon, you likely are interested in learning about other people’s experiences. You may also want to learn about aspects like the selling process, identifying the potential buyer, and pricing your business. All of these are essential in making the right decision. Selling your business is a huge undertaking that needs massive research, …
Baby boomers have and will continue to change the face of the US population. According to census.gov, there are around 73 million baby boomers today. This makes them the second-largest age group after millennials. And as they age, the big bulge will add to the American population’s general aging in the coming years. This only means one thing for investors …
Selling your business can be one of the most fulfilling things you’ll do as an entrepreneur. This is especially true if your initial plan was to grow the business into a successful company and sell it for maximum profits. But it is equally fulfilling when you are seeking new opportunities, experiencing declining revenues, or having partner disputes. The main …
Buying the right business can produce and hold more value, even when compared to double-digit growth in the stock market. Your investment can be resold at a later time with even more potential for a profit. Buying your own business can provide you and your family with long-term security while paying you an immediate salary.
The Franchise Model: How Successful Planning Created Empires In the world of business investment, the franchise model allows a company to grow and expand nationally, or even worldwide. While the most successful franchises quickly became household names, there are still a lot of business opportunities in smaller, lesser-known brand names. Every empire starts somewhere small. Apple Computers started in a Southern …
If you’ve ever thought about buying your own business in California, 2019 might be the best time to do it. Looking at trends data, the death of brick and mortar retail stores might be a short-lived trend. As it turns out, many people still like to purchase goods in real life, at physical stores. According to new data, 85% of …
Everyone has seen the massive devastation of the 2018 California wildfires in the news. It has been tragic witnessing entire communities go up in flames. Thousands of California families lost their homes, businesses, everything. Too many people even lost their lives. As far as the economy is concerned, the effects will certainly be felt well beyond California’s borders. It is …
California’s Apple Inc. Becomes the First Company to Reach 1 Trillion in Value California based tech giant, Apple Inc. set history in 2018 by becoming the first publicly traded U.S. company to reach $1 trillion dollars in market value. The market capitalization of the tech giant has led many to speculate on which company will be next, or wonder when …
