How to Sell a Business Fast

Price is not the only determining factor in procuring a quick sale.  You need to get into the “buyer mindset” and make sure a buyer sees the same value in your business as you do.  Here are some no nonsense universal step to getting your business sold fast: 1.       Price – Price – Price!!! Just [...]

Selling a Small Business as a Short Sale

Drowning in business debt!?! Even when a company’s sales start increasing, debt can eat away at the profits… More and more small business owners are finding that profits are going to servicing their debt and keeping their business operational.  In such cases, an option is to sell the business through a short sale.  Especially if [...]

How to Value a Restaurant or Bar that is not Showing Profit

How much money is a restaurant worth? Does it have any value if the restaurant is not turning a profit or barely breaking even? Restaurants, coffee shops or bars are valuable even if they are not showing a profit. These kinds of businesses are valued through the replacement value technique which assumes a buyer pays [...]

Can positive thinking really make a difference?

On April 16, 2010, in Uncategorized, by Dan Munter

Recently I was interviewed for an upcoming video called “Success Can be Simple”. All of us who deal in the world of business may agree that success can be simple, but most of us know in reality that it rarely is. Many of us are confronted with obstacles on a daily basis that are not [...]

Seven factors that will affect the sale of your business

On April 5, 2010, in Business Sales Process, How to Sell, Uncategorized, by Stuart Gross

There are many factors that affect the sale and saleability of your business. Be prepared to address all of them with your broker and with your buyers.

BOSS Theory- What small business buyer should look for

On March 23, 2010, in How to Buy, Uncategorized, by Dan Munter

I recently participated in a Webinar on How to Buy a Business by industry expert Richard Parker (Diomo.com) and one of the topics discussed really hit home for me… There are 4 qualities of a business that will help a new small business succeed with his new purchase. The 4 components can be remembered with [...]