OK, everyone has heard about a few huge deals for technology companies over the last several years. But business owners rarely receive a premium for their business.
Buyers will look at all of the important factors such as cash flow, key employees in place, profit margins and prospects for future growth, to name just a few. Then they will try to purchase the business for the best deal possible.
Business owners should consider having a valuation performed by a professional and then begin preparations to justify top dollar for all of their years of hard work.
 Michael Marks, creator of Toons ‘n Tips, is a Certified Business Intermediary (CBI) and has over thirty-six years of business experience and ownership. He is a licensed real estate broker in the state of Colorado and has been selling businesses for over eighteen years. Michael has taken up cartooning as a hobby in recent years and has found that by using those skills, along with his extensive business experience, he has been able to create the Toons ‘n Tips drip marketing service for clients all over the country. Find out more about Michael at www.toonsntips.com. |