If you’re a business owner at or near retirement, it is in your best interests to accelerate the sale of your business to the 2012 calendar year. The Bush-era tax cuts enacted in 2001 and 2003 which reduced the capital gains tax rate from 20% to 15% were set to expire at December 31, 2010. [...]
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Tags: Selling a Business
As a business broker I encounter business owners contemplating the sale of their business on a daily basis. One of the most puzzling questions for these exiting owners is, “Where do I start?” While there are a thousand things to consider when selling your business, the first and most important question to answer is, “what [...]
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Tags: Business Valuation · Selling a Business
At first glance it may seem as if the current state of the U.S. economy is not conducive to selling a business. However, contrary to that belief, there is no better time than the present for a U.S. small business owner to sell his or her existing business. In the past several years, individual [...]
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Tags: Selling a Business
When selling your business you can maximize after-tax proceeds by including the value of training and/or consulting in the value of your non-compete agreement. In most instances upon the sale of your business the buyer will ask that you remain in some capacity with the business (for a specified period of time) to train him/her [...]
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Tags: Selling a Business