There are several important factors to keep in mind during the course of a business sale, and one vital element is the tax ramifications involved. Business sales, like other sales that earn you money, are considered income – this means they are applicable to basic tax laws and requirements, and failure to adhere to these […]
Selling a business you’ve helped build up is always a tough decision, and it can become even more so in the case of family businesses. Family businesses have often been passed down from generation to generation, and may represent a major part of the family’s identity and important piece of history. At Utah Business Consultants, […]
[vc_row type="in_container" full_screen_row_position="middle" scene_position="center" text_color="dark" text_align="left" overlay_strength="0.3" shape_divider_position="bottom" bg_image_animation="none"][vc_column column_padding="no-extra-padding" column_padding_position="all" background_color_opacity="1" background_hover_color_opacity="1" column_link_target="_self" column_shadow="none" column_border_radius="none" width="1/1" tablet_width_inherit="default" tablet_text_alignment="default" phone_text_alignment="default" column_border_width="none" column_border_style="solid" bg_image_animation="none"][vc_column_text]For any business owner, even those who aren’t directly considering selling in the near future, having a handle on basic exit planning steps is still important. A good exit plan contains several elements […]
For many business owners attempting to sell their business in the near future, one great method of drumming up interest is putting out ads. The more people who know the business is for sale, after all, the greater the chances you get leads and a good quantity of prospective buyers as you move forward with […]
If you’re considering selling your business in the near future, there will be several important areas of documentation involved in the process. From basic valuation forms to offer sheets, sale proposals and numerous others, be prepared to deal with some paperwork as you move toward selling a business. At Utah Business Consultants, we’re here to […]
At Utah Business Consultants, we provide the best business broker and exit planning services around for those looking to sell a business. From your earliest thoughts about selling all the way to the final paperwork confirming a sale, we’ll work with you to ensure you properly value your business and check all the right boxes […]
Poor Ebenezer Scrooge. The last thing he wanted the night before Christmas, was to be reminded of his mistakes, and poor judgement. In actuality, the Ghosts who visited him that night were a godsend – changing his life for the better, forever. If only there were business Ghosts – what would they say to you? […]
One of the enjoyable aspects of business brokerage is meeting with business buyers. Some are experienced, most are green and would be considered first-time buyers. Typical first-time buyers meet with us to discuss the process and ascertain whether they can financially put a deal together. One of the most intriguing parts of our discussions with […]
In part one of this two-part blog series, we went over some of why it’s important for those attempting to sell their business to be prepared for surprises along the way. Selling a business will follow some general steps, yes, but there can be a few unexpected hiccups you have to be on your toes […]