What Happens to Cash When You Sell Your Business?

When the time comes to sell your business, understanding the financial implications is crucial. One of the key aspects of a business sale is the terminology of “cash free” and “debt free.” These terms define how cash and debts are handled during the transaction and can significantly impact the sale’s outcome. What Does “Cash Free”… Read more »

How Much is Your Business Worth to Sell? Let’s Dive In!

Thinking of selling your business? You’re probably wondering, “What’s it worth?” Determining the value of a business isn’t as straightforward as tossing out a number. It can actually be quite an exciting journey, full of insights about your hard work and what you’ve built. Understanding Business Valuation First things first: what is business valuation? In… Read more »

4 Common Mistakes to Avoid When Selling Your Business

Selling your business can feel like an invasive process, where a buyer examines every detail. Along with asking standard questions like: – When does your lease expire? – Are customer and employee contracts signed and up to date? – Are your products or ideas protected by patents or trademarks? – Is your technology current, and… Read more »