Biz Tips – for Your Business

6 Things buyers look for in a prospective business acquisition

July 20, 2017

5 Factors Impacting the Value of Your Business

July 4, 2017

1/1
Please reload

Starting, buying, or running a business is hard work. A lot of your time, effort, and resources are wrapped up in ensuring its success. Leonard Holler gets it. Biz Tips is all about maximizing the effort you put in. Leonard shares his years of experience in everything from buying and selling a business to tax tips. 

6 Things buyers look for in a prospective business acquisition

July 20, 2017

1/1
Please reload

Archive
Please reload

Search By Tags
Please reload

Follow Us
  • Twitter Basic Square
  • LinkedIn Social Icon

July 20, 2017

Some businesses have buyers lined up willing to pay top dollar, while others sit on the market for months, or even years.  First, those things that buyers want must exist in the business before the sales process begins and it is your job as the owner to create value in your business prior to the sale.  Put yourself in the buyer’s shoes and see what they would look for in a potential business to purchase and why they would be willing to pay top do...

July 4, 2017

The value of a business is impacted by many factors which may change from year to year.  Here are five factors that might impact the value of your business:

1) Financial performance of the business – If the business has been growing and earnings are increasing, the value of the business is positively impacted.  The converse is true, if the business has poor earnings, the value may be negatively impacted.  To maximize your company’s value minimize...

June 16, 2017

According to a Federal Reserve survey, approximately 50,000 businesses changed hands in the United States in 2001.  By 2004, The Federal Reserve survey reported the number of companies sold increased to 350,000, and it went on to project that in 2009, 750,000 would be sold.  While there are 23 million businesses in the United States, only about 5 million actually have employees, leaving a lot of very small and home-based businesses (a total of ab...

June 4, 2017

For many of us, owning a business is part of the American Dream right behind owning our own home.  But, buying a business is a complicated and emotional process.  Here are some common mistakes that others have committed when purchasing a business – Do not commit the same mistakes they did. 

Do not pay too much for the business.  This may be the result of many of other mistakes discussed later, but you should be careful to know the real value...

Please reload

Call

Office: 307-358-3042

Cell:     307-359-3983

  • LinkedIn - White Circle
  • Twitter - White Circle

© 2017 by

Leonard Holler

Proudly created by TLSoup.com