Everything is changing so fast these days, it can be hard for a company to keep up. Business owners have to pay attention and be open minded as to what it will take to continue to grow their company - particularly with new technologies coming on line so rapidly that can impact products, services [...]
Selling Price Must Be Justified & Competitive!
David Metze2020-11-13T00:10:06+00:00Business owners oftentimes want more money for their companies than buyers are willing to pay. Owners must realize that there are many factors that make a business sellable, but cash flow is still the most critical issue. They must understand the elements of cash flow and how it affects the price. It can be [...]
Selling a business takes a team of professional advisors.
David Metze2020-11-13T00:10:07+00:00Managing a business on a day-to-day basis is not the same as selling a business. It takes different expertise and knowledge of the marketplace. The business owner must have the books in order, identify true profitability of the business, understand tax implications, have key employees in place, prepare facilities to make a good impression [...]