BizBuySell Insight Report Volume of small business acquisitions moved up 4.8% in the first quarter of 2023 over Q4 of 2022 and after three consecutive quarterly declines. While transactions are 10% below the previous year, median sale prices are up 1.4%, and 11% over the previous quarter, according to BizBuySell’s Insight Report, which tracks and analyzes U.S. business-for-sale transactions and …
Business Value Determination – The Impact of Personal Expenses When Selling
Main Street and Premier Main Street business values normally use SDE (Seller Discretionary Earnings) and an industry multiple range, the ‘Multiple’ in determining the likely sales price range for a sale to a third party. Far too often business owners believe that they can add back all personal expenses to the net income number which creates real problems when they are ready …
The International Business Brokers Association Recognizes Rocky Mountain Business Advisors
(DENVER, CO) The International Business Brokers Association (IBBA) has recognized Denver Business Broker, Gregg Kunz, with the Chairman’s Outstanding Producer Award for outstanding performance in 2021 as part of its Member Excellence Awards Program. “Business Brokers play a vital role in sustaining our economy by facilitating the successful transition of business ownership between sellers and buyers,” stated IBBA Executive …
Capital Gains Tax Increase Signals Business Owners to Sell Now
If you’re looking for a sign to sell your business, this is it. While the newly released tax plan increases capital gains tax by less than expected, business owners who are looking to sell remain encouraged to do so now—but why? Rocky Mountain Business Advisors explains the ideals of the situation and why owners should act fast to get their …
Boomers Cause Real Estate Boom
The current business-selling marketing is booming—and we have baby boomers to thank. Between the years 1946 and 1964, there was a sudden increase in births in the United States. Many who had put off starting a family through the Great Depression and World War II now saw an opportunity to do exactly that, prompting 76 million babies to be born …
Paying the Piper – The Impact of an Increased Capital Gains Tax Rate When Selling Their Business
The question of who will lead America for the next four years is no longer a mystery however there are questions regarding changes to the tax code. President Biden has publicly and repeatedly stated his desire to increase the long-term capital gains tax rate. Make no mistake, the increase is coming, and the unknowns are how much the rate will …
How to Determine the Value of a Small Business for Sale in Colorado
If you have a small business for sale in Colorado, now or in the future, you need to know what your business is worth. While there are some basic steps to follow, all business valuations are unique. Adding up capital assets isn’t a business valuation. A buyer isn’t interested in selling your assets, rather it is the cash flow that …
What’s Wrong With This Business?
I am thankful to be among our industry’s most successful Business Brokers and one key to my success in unlocking the highest value for my clients is addressing buyer concerns. Successful brokers can anticipate and provide accurate answers to questions posed by serious prospective buyers. Uncovering the facts is part and parcel of our profession and because most buyers are …
Considering the sale of your business in 2021? The U.S. Government is going to help!
In previous articles we have discussed why selling a business in 2021 may be the best time to sell. With the federal government’s recent passing of the $900 billion Stimulus Bill major changes will be coming to the SBA 7a lending program. Will this be good news for Sellers and/or Buyers? Indeed, this will be good news for both parties …
The Tax Implications of Selling a Business Explained
When a business is sold to an individual, both the seller and buyer will have tax implications. If you’re thinking of buying or selling a business in the near future, keep these tax considerations in mind. You’ll need to look at the structure of the company to decide the best way to proceed. Generally, the seller is focused on increasing …
What is an Asset Sale versus a Stock Sale?
If you’re thinking of buying or selling a business, you may be wondering about the difference between an asset or a stock sale. Determining the type of sale for selling your business is extremely important. An asset sale purchases a specific detailed list of business assets and liabilities. A stock sale requires buying the owners’ share of stock in the …
Why is Working Capital Important in a Business Sale Transaction?
The calculation of working capital requirements can be a little cumbersome, and as such it’s a topic that many business owners have a problem grasping. Working capital is the “blood” of a business and measures liquidity to indicate the company’s short-term health. It is the cash that the business must have on hand to pay its current liabilities. These include …
A Storm Warning: Preparing Your Business for Sale in Advance of the Seller Tsunami
Unlike an unexpected earthquake which produces a devastating Tsunami without warning, the Seller Tsunami is one that we have advanced warning for. What does it mean for business owners planning their exit to sell their business? Quite simply the Seller Tsunami refers to the large number of Baby Boomer-owned businesses which will be sold in the coming years. The Baby Boomer …
How to Begin Planning for Life After the Sale of Your Business
Business owners, like most people, generally do not have a written plan for their future. They under-plan their personal affairs even more egregiously than their business affairs at a time where planning is becoming more important than ever. Planning your exit begins with planning for your future life after the sale of your business. The following are some tips for …
Why Credentials Matter When Working with a Business Broker in Colorado
When it comes time to How to Sell a Business and getting into the very process of it, most business owners will eventually turn their attention to the internet to locate a business broker or business intermediary. They will undoubtedly discover that there are scores to choose from. All tout their experience, past success, and promise to get the highest …
How Do Business Brokers Determine the ‘Value of a Business’?
The Business Brokerage industry uses a set of standards to determine the value of a business which many times is quite different than what your accountant may tell you. When Business Brokers speak about the value of your business, they are specifically referring to what is the likely selling price range of a business. While we are experts in determining …
Does Selling Your Business During The Pandemic Make Any Sense?
Uncertainty rules the day during this global pandemic with no concrete end in sight. Economies have been devasted with unprecedented unemployment and an underlying fear for those who are lucky to still have gainful employment. Dreams have been put on hold and nowhere has this been more evident than for business owners who had planned to sell their business in …
7 Action Items to Increase the Value of Your Business in the Next 12 months
If you are considering the sale of your business in the next year or two it is imperative that you begin taking the steps to maximize the sale price now. Are asking yourself how to increase the value of my business? Like any journey with a destination you must know where you are at the beginning. Where to start? Start with …
8 Reasons Why Your Business May Never Sell and How to Fix Them
I am a big believer in telling business owners who want to sell their business the absolute truth about the likelihood of their business selling. We have always had great success in selling ‘good’ and ‘great’ businesses. These are businesses which tend to check all of the boxes buyers are looking for. The following list of reasons why a business …
Importance of knowing the valuation of a company
When we talk about the whole transaction that two parties indulge in, we find many aspects of it answered, like strategic purposes involved, point to consider before getting into this transaction and much more. What we have struggle finding, is what we as customers really want to know. Although it is important for every individual who’s searching an interested buyer …
IBBA Presents Gregg Kunz with the Chairman’s Circle Award
(Denver, CO) The International Business Brokers Association (IBBA) has recognized Denver business broker, Gregg Kunz, with the Chairman’s Circle Award for exceptional achievement in 2019 as part of its Member Excellence Awards Program. “IBBA Excellence Awards are bestowed upon member business brokers who conduct a considerable amount of business sale transactions in a calendar year,” explained Executive Director, Kylene Golubski. …
Is this a good time to sell your business? It is a great time to sell your business and here’s why!
We are regularly contacted by scores of business owners that want to understand the business sale process. While they are keen to understand the process and the likelihood of a successful exit; the question that they have all been asking is, ‘is this a good time to sell my business’. The answer is yes, this is the absolute best time …
Rocky Mountain Business Advisors Assists Stonehouse Signs
Stonehouse Signs of Denver, Colorado has been acquired by ACP International of Arlington, Texas. Rocky Mountain Business Advisors initiated the transaction and acted as exclusive advisor to Stonehouse Signs.
How Much Does It Cost to Sell a Business?
Selling a business involves more than simply handing over the keys and depositing a check from your buyer. To reduce or eliminate financial surprises when selling your business, you should ask your business broker about the cost to sell a business and what expenses you should realistically expect during the sales process. The largest expense in the sale of your …
Buying a Business: Is a Franchise Right for You?
Gregg Kunz represents buyers and sellers of businesses. Call (303) 474-5582 to schedule a free consultation with Gregg. Interested in buying a business? Have you ever considered purchasing a franchise? In many respects, franchises are the backbone of our economy; there are more than 750,000 franchises in the US today. Buying a franchise can be a very good choice for …
Top 7 Traits of an Outstanding Business Broker
Learn more about what you can do to get the highest price and best terms for your business. Call (303) 474-5582 to schedule a free consultation with a business broker. When selling your business, engaging an outstanding business broker from the start is one of the most important things you’ll do. This is your life’s work, and you don’t want …
Grow Sales Before Selling Your Business – Perspectives from a Denver Business Broker
Let’s talk about what you can do ahead of time to sell your business for the highest price! Call (303) 474-5582 to schedule a free consult with a business broker. Selling a business can be a daunting yet exciting time. But, what most business owners don’t realize is that the sales process starts long before they ever decide to actually …
Selling Your Business in a Recession
Times are good right now, but as anyone who weathered the Great Recession storm knows, good times don’t last forever. We are currently in the 11th year of an expanding economy – and it is widely considered unprecedented for a robust business cycle such as this to have continued for this length of time. The general consensus among business brokers and some of the most well-respected economists is that we are going to see increased recessionary pressure at the end of 2020 and into 2021 and that impact of the downturn will be felt for several years to come.
Confidentiality and Non-Disclosure Agreements
So much more than a simple piece of paper, Non-Disclosure Agreements are arguably the single most important document as you consider moving forward with the sale of your business. In fact, the business broker you engage likely won’t even entertain a substantive conversation with a prospective buyer without first having a signed NDA from the interested party.
Know What’s Important When Selling Your Business
The number and variety of attractive businesses for sale in Colorado makes the Denver market a vibrant one. When considering selling your business, it is important to have a clear understanding of what makes your company attractive to prospective buyers.
- Page 1 of 2
- 1
- 2