Business owners should be aware of these 7 mistakes often made when selling a business: 1. Neglecting to run the business during the sales process. The owner of a business can get so involved in the selling process that they slack off once the business is listed for sale and they neglect the day-to-day operation…
Posts Tagged ‘getting ready to sell your business’
7 Mistakes Owners Make When Selling Their Business
Monday, October 3rd, 2022
Possible Capital Gains Tax Changes
Thursday, January 13th, 2022Capital Gains Tax Rate May Rise Within the Next Few Years Pressure to increase the capital gains rate will come to bear as COVID-19 bailout funds increase. The current capital gains rate of 20% could be increased to a whopping 37% plus a 3.8% surcharge. Most experts believe major tax changes will happen in 2022…
Why Do Owners Decide To Sell Their Businesses?
Monday, December 23rd, 2019Have you been asking yourself, “Should I sell my business now?” If you are not sure how to identify that, consider these 5 critical factors that may be signs that you should start the selling process. Fatigue & Stress Running a business is much more than a full-time job. Over the years the energy…
3 Important Things to Keep in Mind When Selling Your Business
Wednesday, November 27th, 2019Understanding the Right Business Decision For You Rising sale prices for businesses have presented sellers with an excellent opportunity to take the leap. In fact, 60 percent of owners are confident that they would receive a favorable sale price if they sold their business today. It can be tempting for owners to jump into a…
How Long Will It Take to Sell My Business?
Monday, April 22nd, 2019How To Sell My Business Fast There are many factors that influence how long your business is on the market. Some factors cannot be controlled, such as the current market condition. However, there are many factors that the seller has control of: Asking price in relation to profit Transparency of the financial information Diversification of…
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Gateway’s brokers are always willing to assist business owners and prospective business buyers with education, resources, and guidance through the process of buying and selling businesses. We are here to answer any questions to make the selling & buying process a smooth transition. Call or Email for a free consultation.