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Risks of DIY Business Sales: Valuation, Time, Transactions

While the do-it-yourself (DIY) world is robust and valuable for many walks of life, there are exceptions here as well. One great example: The world of business sales, where it’s technically possible to sell a business without the assistance of a business broker – but…
Team
June 8, 2021
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SLC Business Buyer Due Diligence Checklist

When it comes to business sales, there isn’t a whole lot of secrecy involved between parties. Due diligence and disclosures are a vital part of this process, with both prospective buyers and sellers sharing several areas of information – including a basic understanding of what…
Team
May 11, 2021
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Business Goodwill: Value and Impact on Business Sales

In part one of this two-part blog series, we went over some of the basics on what's known as business goodwill. An intangible asset, but one that's still hugely valuable in numerous settings nonetheless, goodwill covers areas like reputation and relationships – and will often…
Team
December 15, 2020
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Business Goodwill: Basics and Types to Know

Within many areas of business, including business sales or purchases, the term “goodwill” has taken on greater and greater meaning over the years. This term, which may be a bit confusing for some, is actually relatively simple, covering not only a business’s reputation but also…
Team
November 15, 2020
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Business Sale Terms and Structural Factors, Part 2

In part one of this two-part blog series, we went over the basics on common business sale structural elements and terms often found in such deals. While final sale price is always a vital factor during any business sale, there are also several other potential…
Team
October 13, 2020
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Business Sale Terms and Structural Factors, Part 1

While the final sale price of a business during any business sale is obviously very important to both buyer and seller, this is not the only relevant factor that defines the sale. There are also other important variables during any business sale or purchase, including…
Team
September 15, 2020