Selling a Business

What Will Your Buyer Be Looking For?

  The buyer loves your business; it’s just what he or she has been looking for.  He has reviewed your financial statements and has made an offer contingent on several items.  The contingencies in the deal mean that the buyer…

Day One is the Day to Prepare Your Exit

Pepperjam CTO, Greg Shepard recently published “Planning Your Exit Should Begin When You Launch” in Entrepreneur magazine.  In this article, Shepard puts forward a variety of thought-provoking ideas including that entrepreneurs should be thinking about partnering early on with those…

Rating Buyer Seriousness

Use the following criteria as a guide for judging the seriousness of potential buyers: Positive signs Has an interest in the business deeper than the financials Has sector or relevant experience – ease of transition Has enough money to buy…

Expediting Change Post-Closing

Many sellers feel a sense of relief or freedom once the deal is done. However, it’s not all over yet, it is likely you will have to help the owner in a transition phase and it is in your best…