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 ‘Selling’
7 Mistakes Owners Make When Selling Their Business
Monday, October 3rd, 2022
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…
Is Selling A Business Like Selling My House?
Monday, April 22nd, 2019The short answer is no. Business owners are often looking to sell their business in the shortest amount of time possible. The sale of businesses is often compared to real estate sales and the expectation is often that the business will sell within a 30-60 day time frame. This is not an accurate comparison or…
More Offers Means More Money for YOU!
Monday, April 8th, 2019It can be quite flattering when a Private Equity Group, or a client of your CPA or attorney makes an offer to buy your business. However, by accepting their offer, you are potentially missing out on many more offers that could drive up your selling price. Here is What You Need to Do: Take…
How Gateway Brokers Screen Potential Buyers
Friday, December 9th, 2016No one wants to waste time with “tire kickers.” At Gateway Mergers & Acquisitions, we screen potential business buyers. We make sure they have the right skill set and financial capabilities to acquire your business. Your business’ identity and summary financial information will remain strictly confidential until buyers have passed through the screening process and…
Increasing the Value of Your Business
Monday, April 18th, 2016Recently, we discussed developing an exit strategy for your business. Now that you have begun reflecting on how you want to exit your business on your terms: How can you get the most value for your business when you do implement your exit strategy? As a business owner, you deserve to get the most money for…
Seller FAQs: Time
Monday, March 14th, 2016Business owners are often looking to sell their business in the shortest amount of time possible. Because the sale of businesses is often compared to real estate sales, the expectation is often that the business will sell within a 30-60 day time frame. This is not an accurate expectation, and thus, it can take…
Building a Winning Team
Monday, March 7th, 2016As a Business Owner, you are a problem solver, a negotiator, and an expert on your business. Therefore, it would be reasonable to assume that you would be more than capable of handling the sale of your business. After all, it’s just like selling a house right? No Way! Selling your business is NOT the…
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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.