Mistakes Sellers Make

They neglect to run their business during the sales process. – The owner of a busi...
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Common Seller Questions

How long does it take to sell my business? It generally takes, on average, between five to eight mo...
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10 Tips for a Successful Sale

1.Sellers should find out the loan value of the fixtures, equipment and machinery prior to a sale. M...
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A Seller's Checklist of Dos and Don'ts

Do have all of your business documentation ready. Everything starts with it.   Don't underest...
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How Important is the Asking Price?

Depends on whom you are asking. If you're the seller, you might say that the asking price is too low...
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A Seller's Major Concerns

For many owners, selling their business is a new experience, and there is always the fear of the unk...
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Why Do People Go Into Business?
   

41% joined the family business 

36% wanted more control over their future 

27% tired of working for someone else 

5% were downsized or laid off 

*Source: Dun & Bradstreet 19th Annual Small Business Survey May 2000. Totals add up to more than 100% because respondents could choose more than one reason for going into business for themselves. This was published in the May 2001 issue of INC magazine.