Entries from October 2008
Ron Morris, the self-proclaimed “American Entrepreneur”, on his October 11, 2008 radio show received a call from an entrepreneur and avid listener named Yuri. Yuri recalled Ron’s statement from a previous show declaring that, “it is a bad idea to use a business broker to sell your business.” Yuri’s question, “Why?” Ron’s response provided yet [...]
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Tags: General · Selling a Business
The specific information that will be required by a business broker or intermediary to prepare your business for sale depends upon the industry in which your business operates. However, certain information will be necessary and beneficial regardless of industry: · Three to Five Years Historical Financial Statements / Tax Returns - Although a business buyer [...]
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Tags: Selling a Business