by Douglas Brown | Apr 29, 2024 | Reality of the Market, Sell business
Someday often arrives much sooner than you expect. It can be in a good way. You achieve a revenue level that should allow you to call your capital (and sweat equity) back in for a tidy payday. Someone presents what appears to be a tempting offer out of the blue. You...
by Douglas Brown | Apr 14, 2024 | Books and records, Obstacles, Sell business, Transparency
Supreme Court Justice Learned Hand wrote in a 1934 opinion that “Anyone may arrange his affairs so that his taxes shall be as low as possible; he is not bound to choose that pattern which best pays the treasury”. Many owners do just that. They decide to have their...
by Douglas Brown | Feb 16, 2024 | Liquidate, Sell business
Bottom line: don’t close up shop before consulting with a business broker. Why Not? How Will This Help? 1. A business that is losing money can be attractive to a buyer. I have some buyer-side clients who only want to look at that kind of business! For almost all...