Selling a business by yourself can be challenging, and that’s why the team at Utah Business Consultants is here. Our business brokers will help you with every area of business exit planning and selling your business for a strong number, including helping you navigate a few important hurdles that you may have been unaware of. […]
Within the world of business, the unfortunate truth is that numerous areas of misinformation and outright myths exist. Whether due to previous trends that are no longer present, long-standing mantras that have never really been investigated or just outright falsehood, you have to be careful to do proper research in several areas rather than just […]
Since business owners are the type who know about selling -- either products or services-- and about making deals -- it’s not surprising that owners approach selling their businesses with these tried-and-true tactics and ideas. Sellers who have spent years building a business are often unaware of how completely different the process of selling a […]
At Utah Business Consultants, we’re proud to offer services in both selling a business and buying a business. Each of these areas requires careful attention to detail, the sort our business brokers have been providing to our clients for years. Are you considering buying a business for the first time in your career? Whether you’re […]
Merriam-Webster Dictionary defines due diligence as “research and analysis of a company or organization done in preparation for a business transaction.” Some even look at it as a pre-marital background check and counseling. But it should be noted that dissolving a merger is difficult if things aren’t as they appear. Ultimately, due diligence is […]
When you’re selling any kind of product or service as part of a business, it’s vital to think about the types of clients who are purchasing these products and services. Not only does this help you market things properly, it allows you to assess these various groups and tailor your products to them. At Utah […]
Myth Number One It's a faulty assumption that prospective business buyers know from the outset the exact kind of business they want to buy. Experienced business brokers and intermediaries have learned that most business buyers end up with what is sometimes a far cry from what first captured their imagination. Take, for example, the […]
During a business sale or even a potential sale that’s in negotiations, a commonly vital element is confidentiality. There are several reasons why those selling or buying a business may not want word of this spreading, whether this is to the general public, current employees, or especially other competitors in the space. At Utah Business […]
In the day-to-day activity of making the business work, many owners overlook the importance of the buy-sell agreement. This document (also referred to as a business continuity agreement) is like a will: no one thinks about it until it's too late. However, it may just be the most important written agreement or document you ever […]