When it comes to selling your very small business, the goal is to maximize your earnings while also pricing your business so buyers are interested. We could talk for hours about business valuation for very small businesses, but, for this post, let’s discuss one thing – the cost of starting a similar business. If someone […]
Valuing your Business – Sales Prices vs Start Up Price Read More »
Selling an owner operator business means convincing someone that they want to buy your job. No matter what type of business you have, there are two main things you need to do when selling an owner operator business. First, you need to define your job. What is it that you do every day? How much
Sell an Owner Operator Business Read More »
If you’re trying to sell your business in an industry where there are a lot of businesses for sale, you will need to stay on your toes. On the one hand, selling in a competitive industry can be good. There are probably buyers looking to purchase. And, perhaps better, you should be able to get
Selling in a Competitive Market Read More »
Pricing your business correctly is critical for a successful sale. You will want to find the right balance between maximizing your take home earnings and pricing your business so buyers take you seriously. Obviously, you want to get as much money as you can for your business sale. Speaking frankly, too many small business owners
Unrealistic Asking Prices Read More »
One of the first things we say to our clients who are considering selling their business is that the sales deck is probably the most important sales tool you have Perhaps sales deck isn’t the right word. After all, it’s not like we’re printing the thing out and faxing it to potential buyers. Some business
Video marketing for business sales Read More »
When it comes to selling and marketing your business for sale, you need to think about your potential buyer. Who is this person? What are they like? What special skills do they need to possess in order to successfully run your business? What broad skills or attributes does this person need in order to thrive
Who is buying your business? Read More »
When it comes to creating a great advertisement for your business for sale, you do not need to reinvent the wheel. Begin by browsing business for sale listings for your industry. Take a look at all of the businesses that are for sale and then click on the ads. You will probably find a few
Ad creation – Tip for Success Read More »
When you’re selling your business, one of the first things you’ll need to do is to create a business for sale advertisement. The advertisement is the first thing potential buyers see when they are looking for a business to buy so you want it to be good. The ad should create interest in your business
What Makes a Good For Sale Ad Read More »
Does your yoga studio, Pilates studio or boutique fitness use Class Pass? If yes, keep reading. Class Pass is an awesome tool for your fitness business because it helps you fill up non-peak times. It is also a great marketing and brand building tool. If you are considering selling your business at any point in
Class Pass & Business Valuation Read More »
When you find a buyer for your business, you’ll want to agree on how you are going to get paid. Payment terms will be part of the Purchase Agreement that you and your buyer sign. You will need to agree upon the payment terms prior to the close of the sale of your business. Here
Getting Paid on the Sale Close Date Read More »