Blog

7 Important Questions to Ask Yourself When Selling a Business

Feb 14 2024
There is no denying the fact that for most people, the decision to buy or sell a business is one of the most important professional and financial decisions that they will ever make. Let’s turn our attention to some of the key question...

Steps for a Successful Closing

Feb 5 2024
The closing is a pivotal moment in the history of a business as it marks the formal transfer of a business from one party to the next. Behind every successful closing is months of focus and hard work. Simply stated, a successful closing doe...

Lack of Experience Can Be a True Deal Killer

Jan 31 2024
Most business owners are experts at running their specific businesses. They are not necessarily experts at selling businesses. This is where working with a seasoned brokerage professional can prove to be invaluable.

The Texas Business Broker Podcast

Jan 24 2024
The Texas Business Broker Podcast with Hosts Richard Gadberry & Joshua Carnes. This episode's special guest is the TABB State President Scott Cronk.

What Can Negatively Impact Your Chances of a Sale?

Jan 9 2024
The last thing that any business owner wants is for a sale to fall through over something that was completely preventable. The good news is that with proper preparation and planning, these mistakes can be minimized or avoided altogether.

What You Need to Know About the Confidential Business Review

Dec 28 2023
There are many different strategies that will likely be deployed during the sales process. In this article, we’ll focus on how to utilize the Confidential Business Review CBR and/or CIM. Frequently, the Confidential Business Review is...

Making the Most Out of Your Confidentiality Agreements

Dec 13 2023
Great deals can quickly be derailed when confidentiality agreements are not properly used and observed. The number of headaches that can occur due to a failure to follow the requirements of a confidentiality agreement are rather extensive. ...

Employees and the Long-Term Success of Your Business

Dec 4 2023
There can be no doubt that the quality of your employees will directly impact the quality of your business and its long-term value. Employee quality and the success of your business are intrinsically linked. Unfortunately, far too many entr...

Key Steps for All First Time Buyers

Nov 27 2023
Are you a first-time business buyer? If so, it is critical that you work with a business broker or M&A advisor. If you’ve never purchased a business before, you simply can’t anticipate all that is involved in buying a busine...

How Can You Find the Ideal Buyer for Your Business?

Nov 16 2023
In the day-to-day routine of running your business, it is easy to forget that eventually the day will come when you need to sell. The last thing that any business owner wishes to discover is that they are ready to exit, but they are hopeles...

What Are the Financial Considerations of Seller Financing?

Nov 6 2023
Deciding how the purchase of a business should be structured is no small task. If you are planning to help finance the sale of your business, you’ll want to tackle this issue very early in the sale process. When it comes to small busi...

Prepare for Your Exit When You Launch Your Business

Oct 30 2023
You’ll often hear business brokers and M&A advisors say that the right time to prepare for your exit is when you first launch. By that they mean that it’s important to always be thinking about how to optimize your business s...