Buying and Selling a Business

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Benefits of an Equipment Appraisal When Selling a Business
written on April 11, 2011 by Kipp Krukowski
Buying and Selling a Business

Having an equipment appraisal completed prior to selling your business is good planning and will likely result in a return on the investment.

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50 Things to Consider When Planning to Sell Your Business
written on March 04, 2011 by Kipp Krukowski
Buying and Selling a Business

Maximizing value and minimizing risk is the goal for every business owner when preparing their business for sale. 50 Things to Consider When Planning to Sell Your Business is a list to help achieve this goal.

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Eleven Key Questions for a Business Broker to ask a Seller
written on March 01, 2011 by Kipp Krukowski
Buying and Selling a Business

 

Understanding the entire situation from the business owner’s perspective is important for a business broker to successfully sell a company.

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Selling a Business to Someone Opposite of You
written on January 18, 2011 by Kipp Krukowski
Buying and Selling a Business

   

When selling a business, sometimes the buyer for your business is someone entirely different than you would think.

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Pricing a Business for Sale Opportunity
written on January 03, 2011 by Kipp Krukowski
Buying and Selling a Business

 

Deciding how to price your business for sale opportunity is something that needs to be considered prior to putting the business on the market.

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How Long Does it Take to Sell a Business?
written on December 15, 2010 by Kipp Krukowski
Buying and Selling a Business

Selling a business doesn’t happen overnight.  It is not like selling any other type of asset.  When you sell a business, you need to consider all of the stages of the sale.

 

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5 Reasons There is a ROI Using a Business Broker
written on December 06, 2010 by Kipp Krukowski
Buying and Selling a Business

There is a return on investment for hiring a business broker in the sale of a company.  Not only did 90% of business owners surveyed say that the use of a business broker, or business intermediary, resulted in a more confidential sale process and reduced stress, a majority of the owners reported that they received significantly more for their company.

 

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Legal Documents for Selling a Business
written on November 19, 2010 by Kipp Krukowski
Buying and Selling a Business

When you are selling a business, it is important that you have legal agreements in place that are easily understood by all parties involved in the transaction.  This will eliminate or reduce potential disagreements after the sale is complete.

 

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How Much Money is My Business Worth?
written on November 03, 2010 by Kipp Krukowski
Buying and Selling a Business

“How much is my business worth?”  This is a question that many business owners often have floating in their minds.  Studies show that on average, 90% of a business owner’s net worth is tied up in their business.

 

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5 Factors for Choosing a Business Broker when Selling a Business
written on October 13, 2010 by Kipp Krukowski
Buying and Selling a Business

When selling a business, it is important to do your homework and select the right business broker to represent you and your company.  There are 5 key factors that you should consider as a business owner:

 

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Performing Due Diligence When Buying a Business
written on October 01, 2010 by Kipp Krukowski
Buying and Selling a Business

Due diligence is a very important of the buying a business process. As a buyer, you want to verify the information that the seller has provided that relates to the business operations, its financials, and legal status.  The process of due diligence verification of information occurs after the letter of intent is signed by both parties in the transaction.

 

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Understanding the 7 Business Entity Structures when Buying a Business
written on September 02, 2010 by Kipp Krukowski
Buying and Selling a Business

When buying a business, purchasers are often very consumed with the analysis and negotiation of the business, due diligence, learning about the specific business, and possibly the emotional roller coaster of being a first time buyer.

 

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Top 5 Reasons of Decline in Deals in 2009
written on August 31, 2010 by Kipp Krukowski
Buying and Selling a Business

In a recent survey conducted by the Business Brokerage Press, business brokers were polled to get an understanding of several current issues in the industry.  One of the most important topics for any business brokerage firm is the number of completed transactions.

 

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Buying a Business Using Your 401K or IRA
written on July 28, 2010 by Kipp Krukowski
Buying and Selling a Business

Buying a business might be possible when you thought that you could not afford to do so.  I have mentioned in the past that one attractive method of financing a business is through the use of your 401k or IRA funds.

 

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The Real Funding for Entrepreneurs Buying a Business
written on July 12, 2010 by Kipp Krukowski
Buying and Selling a Business

In a recent issue of Entrepreneur Magazine, Kate Lister’s “The $48,000 question” article provides some interesting statistics around the financing of business start-ups.  The article points out that there is not a massive set of data points to collect the information on how businesses were initially funded.

 

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When Selling a Business Experience is Worth Millions
written on November 05, 2009 by Kipp Krukowski
Buying and Selling a Business

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Selling Your Business The Exclusive vs NonExclusive Contract Dilemma
written on October 12, 2009 by Kipp Krukowski
Buying and Selling a Business

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Business Transition Advanced Planning
written on September 29, 2009 by Kipp Krukowski
Buying and Selling a Business

Business owners often wait too long before planning to transition out of their business.  With proper planning, the business owner can lower their risk.

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Selling My Business Where is the Value of My Assets
written on September 21, 2009 by Kipp Krukowski
Buying and Selling a Business

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Business for Sale Financing Good News Has Arrived
written on September 08, 2009 by Kipp Krukowski
Buying and Selling a Business

One of the major barriers of financing a small business acquisition through the SBA has been removed.  This is a reason for both business buyers and sellers to rejoice!

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Buying a Business Hiring a Business Broker to Find a Company
written on August 28, 2009 by Kipp Krukowski
Buying and Selling a Business

Many individuals or companies that are looking to buy a business rely on looking at available companies on business for sale websites.  While this is the most common method to find business opportunities, another method is to hire a business broker or business intermediary to search for a business based on your specific criteria.

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Cleveland Business for Sale
written on August 17, 2009 by Kipp Krukowski
Buying and Selling a Business

Now that I have your attention, what if I posted this sign in the window of your business?  Would you be able to keep your employees?  (Probably not since they think you are going out of business or the likelihood of them liking the new owner would be in question.)

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Sell Business Post Deal Transition
written on August 10, 2009 by Kipp Krukowski
Buying and Selling a Business

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Alternative Ways to Finance a Business Purchase
written on July 27, 2009 by Kipp Krukowski
Buying and Selling a Business

Financing a business acquisition in today's economy isn't as easy as it was several years ago.  Banks have tightened lending standards for buying a business and business financial performance is down.  However, there are good businesses available on the market for those with money and the willingness to buy in a down market.

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Selling a Business Interesting Statistics
written on July 20, 2009 by Kipp Krukowski
Buying and Selling a Business

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