How to Sell my Own Business: A guide to selling your own business privately and not pay a broker's commission

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This small investment could literally save you hundreds of thousands of dollars by helping you to avoid getting into a bad deal. What Roland doesn't tell you is that he was charged with fraud, he settled with the SEC (the financial regulator in the US) and has been banned from practising as a lawyer: more here. I have dealt with several companies in the IT/SaaS space and what I've learned is that they aren't in touch with the reality of selling small business cash flows. Typically a service company with little in capital assets is going to sell for between 1.5 and 2.8 times discretionary cash flow.

I have taken many college classes and many graduate classes and not one them could compare to the real-life situation that you presented in this great program. The real-life situation and all the examples that were provided were great. See all my videos relating to franchises here: https://www.youtube.com/playlist?list=PLqomziNDpylW_RSu9OOa2ix8HHIlPDQ33 Whether you're handling the sale yourself or using a business broker, there's a huge amount at stake, so you need to pause, research, proceed with caution. Members have access to premium materials released each month such as my in-depth interviews with professionals talking both about buying businesses and what to do to improve them once they’re yours. We also spotlight other members who can be a valuable resource in your journey to buy a business. All of the resources available in the coaching group are documented in the easy to follow user guide which is updated and released to you monthly. Hope all is well. I really enjoyed Business Buyer Advantage. It was full of great information. Your business model seem very comprehensive and I am sure that I can benefit from such a great system. I have been holding off because I am not sure which direction I will take at this moment. With all that's been going on and other personal and professional matters it's kind of put me in a holding pattern. I know that I will have to make a change in the near future and I'm trying to be open and position myself to be led by something bigger than my limited perspective at this moment.

How to do Local Investing deals from A-Z

Mr. Barnett has also been an active member in the Workers Injury Law Group, a national organization of plaintiff attorneys. In 2009-10, Mr. Barnett served as Chairman of the Longshore Section of the Workers Injury Law Group. Mr. Barnett previously served on the Board of Directors for Florida Workers Advocates while also being a member of the Florida Admiralty Lawyer’s Association, Broward County Bar Association and American Bar Association. Getting a potential buyer to agree with the assumptions and pay you for sales and a cash flow that doesn't exist is another matter. So if you're ever in Boone, NC please stop by and see me at [Top-Brand Dealer in the Blinds Industry] and drinks are on me. David also explores how industry and business characteristics can influence pricing. He discusses factors like capital intensity, recurring revenue, and barriers to entry, and how they play a role in determining a business's value. This is a nuanced take that adds another layer to the conversation. Key Takeaways: Knowledge is Power

I haven’t bought my business yet. Being in the group likely already helped me avoid buying something I shouldn’t have bought and helped me better define what is a good fit for me.

Reconciled provides industry-leading virtual bookkeeping and accounting services for busy business owners and entrepreneurs across the US. Their team is experienced in M&A, and they hire the best talent available. Reconciled sets the standard for consistency and quality that you can count on. Thanks for your encouragement through this process and thanks also to the members of the group who were my lifeline during my search.