Some business owners feel that they can sell their business themselves. After all, who knows the business better than they do. Often, these owners become sellers by simply placing an ad on the internet and waiting for the telephone to ring. They think of the money they can save by not paying a broker’s fee. […]
In part one of this two-part blog series, we went over the two primary culprits in business sales that fall apart: The sellers and buyers involved. It stands to reason that the two entities most directly involved in this process would be the ones with the most power to torpedo it if they made certain […]
The current economic babble may hinder some business sales, but even with a challenging environment, businesses are changing hands. Regardless of the economy, many aging boomers are looking to retire, while younger boomers, Generation Xers, and Millennials are interested in buying and becoming their own bosses. This is the time when business savvy people don’t […]
When I talk with business owners about selling their business, I find that often they are ready to sell, but the company is not – it is not making high enough profits to justify what the owner wants for the business. The following are ten ways to adrenalize your profits to prepare your company for […]
At Utah Business Consultants, we’re here to ensure your business exit planning and sale processes go smoothly. We’ve seen a number of mistakes made by various parties while selling a business during our years in the field, and our business brokers are here to help you avoid all these while getting maximum value for your […]
For a business owner approaching retirement age, a buyout by the core management team is certainly an option. But with any business sale, it’s important to proceed with caution. Selling the business that you’ve poured your heart and soul into for many years to managers you’ve worked with side-by-side can be very rewarding. If […]
The decision by a business owner to sell his or her business is usually a difficult one. It typically involves many different emotions and raises a number of questions. What will I do after I sell? Will I have enough money to be financially independent? Am I selling because I’m bored or burned out, and […]
At Utah Business Consultants, we’re here to help if you’re looking into selling your business. From basic business valuation services up to all the details involved in exit planning, we can ensure you have everything in order when it comes time for a sale. What are some of the key themes that go into a successful […]
Establishing and building your business has been a labor of love. Whether you have owned and operated it for three years or 30 years, your hope is that it continues to thrive and serve its customers. And as much as you may want to work at your business forever, the truth is you cannot. Consequently, […]