There can be no doubt that selling your business stands as one of the most complex and important decisions you’ll likely ever make. It is quite often the case that a business represents decades, or even a
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- Month: June 2024
Prices Flat Amid Rising Labor CostsThe Producer Price Index for oil and gas well drilling services was relatively flat in March compared to a year ago (down 0.3%) after rising 9.2% in the previous annual comparison, according
Higher Orders, Inventories New product orders for nondefense aircraft and parts were up 2.8% in March 2024 compared to a year ago and were up 106.4% from the previous month, according to the Census Bureau. Product inventories
Law Firm Moderate Industry Sales GrowthLaw firms’ sales are expected to notch moderate growth over the next several years. The industry’s year-over-year sales rose 3.2% in 2022 before rising to 4.5% growth in 2023, according to Inforum
Maintaining confidentiality should be placed at the top of your “to-do” list when selling a business. The tremendous importance of maintaining confidentiality is difficult to overstate and stands as one of the key reasons that any seller
Negotiations can often be both perplexing and delicate. A simple misstep can jeopardize what could have been a great deal. One key but often overlooked tool in any negotiation is to pause and consider the wants, needs,
Marketing Budgets Drop Marketing budgets are down in 2024 compared to last year, according to Gartner’s 2024 CMO Spend Survey. On average, marketing budgets have fallen to 7.7% of revenue in 2024 compared to 9.1% in 2023.
Many sellers are surprised to learn that seller financing is very common. In fact, sellers should realize that there is a good chance that in order to Sell Your Business, you will have to consider offering seller
Everyone loves recurring revenue and for good reason. When buyers see recurring revenue, they instantly know that a business is stable, has positive cash flow, and, importantly, has room for potential future growth. There is no way
