First Time Buyers: Don't Go it Alone.

09.25.19 04:09 PM By Carrie L. Duvall - Comment(s)

There are several factors you need to consider before purchasing a business:

  1. The type of business you'd like to buy and in what industry
  2. Identify businesses of that type that are for sale
  3. Contact the seller
  4. Collect financial documents
  5. Complete a financial analysis of the business
  6.  Prepare a purchase ...

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09.25.19 03:39 PM By Carrie L. Duvall - Comment(s)

1. Determine the value of your company.

A third-party valuation can provide a realistic estimate of what your business is worth.  For a fee, often ranging from $5,000 to $20,000, a qualified valuation professional can review a business and its competitive environment. The review typically c...

How much is my business worth?

09.13.19 05:53 PM By Carrie L. Duvall - Comment(s)

Similar to other investments the value of your business is linked to its ability to earn and grow future profits. As a business owner you may be so focused on day-to-day operations, evaluating what the future may look like isn't a priority. While some owners are just curious what their business is w...

The LOI, Due Diligence & Pre-Closing Planning

07.30.19 12:37 PM By Carrie L. Duvall - Comment(s)
Signing the LOI is a significant accomplishment, but there is still a lot of work to be done before the deal closes. Here are some of the steps you will take as a buyer after signing the LOI.