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Looking To Sell Your Business This Year? Read This First…

If you’re looking to or thinking about selling your business this year, here’s some good and bad news. First, here’s the bad news… If you’re looking to sell within the next 3 – 6 months, you probably won’t get full value, as it takes a good year of preparation before you can actually put your…

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True Story – The Danger of The Wrong Business Valuation When You’re Selling Your Business

By Trevor Wilson One of the big areas that’s been troubling me lately is the knowledge that many business exits are being derailed by the business owner turning down valid offers from potential buyers. But why is this? The answer, more often than not, is the seller has a preconceived idea of what their business…

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diffeent buyers

The 5 Different Types Of Buyers and What They Want…

Most business owners think that all buyers and investors are more or less the same. This is a massive mistake and is the BIGGEST REASON most businesses never achieve the right price on exit. Knowing the different types of buyers and what they’re motivated by will give you a huge advantage in negotiations and help…

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price

The 6 Essentials Of Negotiating The Best Price For Your Business…

Anybody can put a business on the market but negotiating the best sale price is a different ball game. In a typical business sale, the skills of the seller in terms of negotiation, can cause dramatic negative swings in the final sale price. This is notwithstanding plenty of preparation on the seller’s side but the…

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The 4 Main Stages Of Negotiating a Purchase Offer

When you’re selling your business the main goal is to receive as many purchase offers in the price range you had in mind when you first put your business on the market. Here’s how to make sure you choose and negotiate the best deal for all concerned… 1. Obtain a Letter of Intent First and foremost…

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7 Things To Do So You’re Ready to Sell Your Business For The Best Possible Price…

Leading financial sources suggest that nearly 75% of businesses are never sold when a business owner finishes running the business. This is a pretty sad statistic and one that at Financial Power we’re keen to reduce. But it’s even more disappointing when you see businesses sold for way under their market value because business owners…

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Exit Strategy

How To Work Out The Best Exit Strategy Before You Get Too Far Down The Road…

Most business owners and entrepreneurs dream of building a business to then sell it for a high end multiple. Many envision selling for hundreds of thousands or even millions with a buyer chomping at the bit to take it off their hands. The problem comes when most business owners or management teams are so busy…

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