BizBuySell

BizBuySell Q3 2024 Insight Report is live https://bit.ly/3YshXMd which gives you a detailed overview of small business confidence and the business-for-sale market as we approach the final stretch of the year. Here are a few highlights: 🔹 Most small business owners are confident in receiving an acceptable price if they were to sell 🔸67% of owners say Trump will have the best impact on small business with tax reform in focus 🔹Service and retail businesses command higher prices 🔸 Acquisitions up 20% for manufacturing businesses, 15% for restaurants

As a small business owner, you call the shots on everything in your business. Retirement is no different. Preparing for the day when you can kick back and relax takes the same planning and strategizing you do to run your business day-to-day. Even when it seems like only yesterday when you were writing your business plan, it’s probably not too early to begin planning for your retirement. You’ll want to have enough money to support the lifestyle you want, and you’ll need a plan for your business, whether it’s to keep it going or dissolve it. Article By Shelly Garcia https://lnkd.in/gMqmiQit

Like most things in life, when presenting your business to prospective buyers, making a good first impression matters. The image that you present to potential buyers comes to them in many ways as you will be revealing your business to them incrementally while you, in turn, learn more about them and their veracity as a buyer. https://bit.ly/3BUFTPw

As a small business owner, planning for the future of your business can be daunting. You’ve poured your heart and soul into building your business, and the thought of one day stepping away can be overwhelming. Who will carry on your legacy? How will you get a fair price for your life’s work? An Employee Stock Ownership Plan (ESOPs) is one exit strategy that can benefit both you and your employees. But what exactly is an ESOP, and how does it work? More importantly, can an ESOP-owned business be sold to a third party? In this article, we'll explore the answers to these questions, delve into the process of selling an ESOP company, and discuss the considerations for different business structures when establishing an ESOP. Article By Melissa Pedigo https://bit.ly/3BNxJbt

If you are looking to own a restaurant but don't want to deal with the risk and expense of starting one from scratch, then investing in a “turnaround” restaurant is a great option. A turnaround restaurant is one that is performing poorly, but has profit potential – such as a high-profile location or memorable design. There are a few reasons why turnaround restaurants can be such great investments. First, they have a low-price tag. Owners of poorly performing restaurants want to cut their losses and are more likely to accept a lower purchase price. Second, turnaround restaurants have the potential to generate higher profits if they are managed correctly. Oftentimes, there is considerable room for improvement in both operations and marketing. Finally, turnaround restaurants can be a great way to break into the restaurant industry without the cost and delay of building a new location. Article by Robin Gagnon, MBA, CFE, CBI CEO and Co-Founder of We Sell Restaurants https://bit.ly/48c7x6J

FLDC was a HUGE hit! Nichja Yeaman and I had a blast meeting clients, current and new alike. Thank you for the conversations and time well-spent. A big shoutout to the BizBuySell team for this awesome booth set up, too! Special thanks to Lamar Russo for a great picture together. 😁

As a small business owner, you've poured your heart and soul into building your company. Now, you're considering selling your business, and it's important to understand the types of buyers you may encounter. This article will help you navigate the process of selling your small business by explaining the differences between strategic and individual buyers, and how to prepare your business for sale for each type of buyer. https://bit.ly/3BYZ9v2

In today's economy, intangible assets are an increasingly important part of business valuation. Unlike assets with a physical form, intangible assets can be used to showcase a competitive advantage and market position. Their growing importance reflects a shift towards knowledge-based economies, where innovation and creativity play a significant role in overall success. Understanding their worth makes it easier to measure the true value of a company beyond traditional metrics and determine future economic benefits. https://bit.ly/489leTG

Mergers and acquisitions might seem similar to the casual observer. However, there are key distinctions between the two transactions that can mean the difference between meeting the goals of an exit strategy and missing the mark. Mergers and acquisitions differ in how they are typically financed, the continued involvement of a business owner, and the type of decision-making authority they have when they do stay involved. Small business owners should consider these and other situations before deciding on which transaction strategy to use. Article By Shelly Garcia https://bit.ly/408jPuJ

Franchise family, join us at booth #43 at FLC for your final opportunity! Discover high-quality, low-volume franchise lead generation with BizBuySell. Drop your card for a chance to win a brand-new pair of iPods. See you there! 🚀🔍 #FLC #Franchise #BizBuySell