When it comes time to consider selling your business at retirement age or for any other reason, many business owners look first to family members like spouses or children. Many family businesses carry on over generations this way, allowing the original owner to move on with a new chapter in life without removing the business […]
As you prepare to put your house on the market, you get the word out to as many people as possible. The “For Sale” sign is placed in the front yard, you invite people into your home during an open house and you put ads in the newspaper and online. You want everyone to know […]
The office for Utah Business Consultants is located at 6465 South 3000 East, close by is a quaint little diner called Cottonwood Café. The owner built the small restaurant on 7146 Highland Dr after running the same eatery nearby in a dive location. My partner and I, along with others in our group frequent Cottonwood […]
None of us are going to work forever, even those who own their own business and love every second of it. At a certain point somewhere along the line, even the happiest business owners and operators will decide it’s time to retire. At Utah Business Consultants, we’re here to help. We have business valuation and […]
Virtually everyone knows what a real estate broker does, and most have a working knowledge of what stock brokers do. But what on earth is a business broker? Think of us as matchmakers in the world of mergers and acquisitions. Business brokers bring sellers and buyers of businesses together. Whether we represent the seller or […]
There are many different styles of negotiating when getting a deal done. Some of the most useful and realistic ways to approach various scenarios are fairly simple but they can be easy to overlook. Below are ten strategies that will improve your odds of getting a deal done. Be confident – The way to become […]
Within the broad business world, the term “exit planning” has become more and more important over the years. As many Baby Boomers reaching retirement age are selling their businesses, this kind of thing is becoming more common in the last few years, requiring experts who know this landscape and how to navigate it. At Utah […]
Sure, you want a big payoff, but when it comes to selling your business, money should not be the only consideration. You don’t want just any buyer, you want the best buyer. With the market we’re now experiencing, many sellers are getting multiple offers, but the buyers they choose aren’t always the ones offering the […]
Selling a business and walking away can be very difficult. But in many cases, there’s a transition (“training” and/or “consulting”) period dependent on the size of the company and the role of the owner. Transitions may be as short as a month or two or as long as a year. In most situations, the buyer […]