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Tip #031 Buyers and Sellers usually have a very different view of the value of a business.

Most business owners think their business should be priced more than it’s worth — mainly because of all of their hard work over the years. But they have to realize there are certain economics and realities that dictate the price. Besides the various methods of business valuation, the cash flow… Read More »Tip #031 Buyers and Sellers usually have a very different view of the value of a business.

Tip #29 The skeletons will have to come out!

Whether applying for a loan or selling the company, business owners must be prepared to disclose EVERYTHING. The business needs to look good — in all areas. To not be disappointed, business owners must plan, address weaknesses, and be realistic in their expectations if they don’t have solutions.