Transworld Business Advisors of Atlanta North

A business valuation is a tool usually used to get certified reports that are valid for IRS or litigation purposes. A simpler Broker Opinion of Value (BOV) can be performed to determine the listing price for a business ready for a sale. However, it can also be done to simply determine the business’s value as you are looking to improve and/or grow your business. That said, did you perform a BOV (or business valuation) a few months (or even years) ago and wonder if it is still valid? That is a great question. The answer is: it depends.

The value of a business is determined by many factors including tangible and intangible assets. For example, profits and intellectual property matter as much as good reviews and customer loyalty. In the same way that having strong financials and returning customers can help your business, disorganized financials and displeased customers can decrease your business’s worth.

To buy a business, you often have to put a certain percentage down – like buying a house. It is not common but under the right circumstances, it is possible to buy a business with no (or very little) money down.

The easiest and most foolproof way to find a buyer for your small business is to hire a business broker. There are numerous steps every business owner must take to prepare a business for sale and then ultimately find the right buyer. Of course, the process is made simpler with the help of a professional. Not only will a business broker be able to guide you through the entire process – step-by-step with little to no issues along the way – they also prove to be an invaluable resource. Transworld Business Advisors provides a network of pre-vetted potential buyers who have access to your business listing.

Selling your business share to a partner is actually one of the most common ownership transfers among small businesses. This is mainly due to the fact that your business partner is already invested in the business, knows the books, and has a clear understanding of the business’s potential for success.

There are a number of reasons why you might want to sell your small business. Whether the decision comes easily or not, it is still a significant one to make. The reasons may range from either the desire for new entrepreneurial opportunities or retirement being around the corner – whatever it is, there is no right or wrong reason to sell your business. In fact, sometimes the best thing you can do for yourself and your business is to let it go. New management just might be able to take it to new heights, freeing up your time to rest or seek new investments. There are five main reasons why you should sell your business, consider these. Retirement Burnout New Opportunities Buyer's Market Fear of risks Still not sure if it’s time to sell your business? An expert from our office can help you reach the best decision by listening objectively as you discuss the reasons why you might be ready to sell.

The first step to selling your business to anyone is determining your business’s worth. Once you have done so, you can choose a listing price that is both competitive and within market standards.

If you would like to sell your business quickly and intelligently, there are a few important things to note. A wise seller 1) will understand their business’s competitive market position, 2) can choose a competitive asking price, and 3) is able to identify a competitive offer. An efficient sale is one that has been carefully planned which means preparing long before the business has even gone up for sale.

Finding out the worth of your business is the first step toward preparing it for a sale. Our office offers a detailed business valuation, which can shine a light on where your business stands.

There are five simple, yet important, steps to consider when selling your business: Organizing all financial documents, understand market value, exit strategy, boosting revenue and sales, and business broker.

To determine the worth of a business, one must consider a few factors. For one, a business is only as valuable as its ability to provide an income in the future for a buyer. Other factors like what equipment does the business own; what is its inventory; profitability trends matter as well? Market comparables will also be important in understanding what your business may ultimately sell for.