There is a lot of chatter in the IT community about exit strategies, M&A, and business valuations involving earnings before interest, tax, depreciation, and amortization — and they’re important discussions. Selling, transferring, or closing your business is a very personal decision. It is the business equivalent of sending your grown […]
business seller
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The second question a buyer is going to ask you is how much profit the company makes. The first question in case you’re curious is how much do you want for your business. You don’t have to have a ready answer for that first question, a ballpark will do, but […]
In some ways it is. Or at least the preparation is. When you are selling your business you need to think about how it will look to someone else and make sure that they can see your vision and value. If you’re going to sell your house you’ll probably do […]
Or do you own a job? I had a conversation with my auto mechanic, who also happens to be a client. He indicated a desire to sell his business. Since we are close to the same age, I asked him what he would do after he sold. His answer was […]