Monday, February 06, 2012

Featured Articles

What Is a Company Worth?

This question can only be answered by addressing other related questions, specifically: Who’s asking and for what purpose?

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Rating Today's Business Buyers

Once the decision to sell has been made, the business owner should be aware of the variety of possible business buyers. Just as small business itself has become more sophisticated, the people interested in buying them have also become more divergent and complex.

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Why Do People Go Into Business?

41% joined the family business;36% wanted more control over their future...

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What Do Buyers Really Want to Know?

Before answering the question, it makes sense to first ask why people want to be in business for themselves. What are their motives? There have been many surveys addressing this question. The words may be different, but the idea behind them and the order in which they are listed are almost always the same.

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The Value of a Business: Get to the Heart of the Matter

To find the real value of a business, we must go to its very heart: the attitude, work habits, managerial style, customer/marketplace savvy, and community reputation of the person in charge.

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Selling a Business: How Long Does It Take?

Why does it take so long to sell a business?  Price and terms are the biggest reasons.

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Buying (or Selling) a Business

The following is some basic information for anyone considering purchasing a business. Is may also be of interest to anyone thinking of selling their business. The more information and knowledge both sides have about buying and selling a business, the easier the process will become.

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Buying a Franchise: What It's Worth to You

If you are considering entering the world of franchising, an important consideration is assessing the value of the business. All of the following factors either affect or help determine valuations of typical franchise operations.

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Why Sell Your Company?

Selling one's business can be a traumatic and emotional event. In fact, "seller's remorse" is one of the major reasons that deals don't close.

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Dispelling a Buyer Myth

Most prospective business buyers really don't know from the outset the exact type of business they want to buy. Experienced business brokers and intermediaries know that many business buyers end up with what is sometimes a far cry from what first captured their imagination.

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IMPROVE A CAMPGROUND, RV PARK OR CABIN RESORT

Systems and procedures that make a recreational business run with less dependence on the owner allow you to enjoy your company and are a key part of preparing your resort for a future sale. We help recreational business owners position their company to be easier to operate, have a higher value and be more desirable in the marketplace. We start our process with our "Business Vitality Checkup" ™.

There are four main functions needed to put your resort business in a good position to own or sell:

  1. The financial systems and statements must be put into order (keeping in mind the potential buyer’s need to know and confirm facts).
  2. There should be a proven marketing plan-successfully implemented (this can help the buyer visualize the future for the company).
  3. Systems should be in place to improve efficiencies and reduce the on-the-job role of the owner (this helps buyers balance risk and opportunity).
  4. The condition of the facilities must be in good shape and modern. If electrical systems, plumbing and buildings are in need of repair or up-dating, the potential buyer may not show enough of an interest to learn about the positive financial aspects of the campground or resort.

If you are like most owners and managers, you are so busy being busy you don’t have the time or energy to identify everything that is wrong with your campground or contemplate how to fix it. That is where we come in as your “Partner” On-Call ®. We are there to reduce your headaches and to improve your business performance. “Our business is Making Your Business More Valuable" ™.

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"Goodwill is supported by the historical earning capacity of the company. On the other hand, blue sky is projected future earnings based upon assumptions that are not supported by the company’s historical performance. Buyers will seldom pay for blue sky, but they will buy goodwill. The difference between the two is cash flow."
- American Business Group

  

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Business Buyer Advocates ® and "Partners" On-Call ™ Nationwide

Help Clients Buy, Start, Improve, Finance, Value, and Sell Small and Midsize Businesses

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