Looking to Buy or Sell a Business? - Innovative Business Advisors - YouTube

Looking to Buy or Sell a Business? - Innovative Business Advisors - YouTube

One of the many intermediaries sellers can get matched with on the BizNexus platform, -Innovative Business Advisors in Missouri.

Get matched with the perfect business broker to help you sell your business or buy a new one at BizNexus.

Top 3 Questions to Ask a Business Broker When Selling Your Business in 2019

Top 3 Questions to Ask a Business Broker When Selling Your Business in 2019

Thinking of selling your business? Here are the top 3 questions to ask a business broker before you commit to sign an engagement contract to sell your business.

Top 7 Reasons Why 3 out of 4 Businesses Won’t Ever Be Sold

Top 7 Reasons Why 3 out of 4 Businesses Won’t Ever Be Sold

Wondering if you’ll ever be able to sell your business? Here are the top 7 reasons why 75% of businesses never even get sold……

Learn what it takes to sell your business, who the players involved in the process are, and why so many businesses out there simply just don’t ever sell…. -Which we think is tragic considering the untapped market of buyers out there researching entrepreneurship. Let us know what you think in the comments!

Selling Your Company Starts Today

Selling Your Company Starts Today

Choosing to sell a company can easily be one of the most important decisions a business owner will ever make in their life. That is why it is important to be very prepared to sell your business in order to sell it at the price that it is agreeable to you, the seller. However, preparation starts years in advance. Here are 7 steps to take to ensure your business is ready for sale:

The Art & Science of Selling Your Painting Business

The Art & Science of Selling Your Painting Business

Maybe it was a passing mention that someone was interested in buying your company. Perhaps health concerns have you thinking of an exit. Or is it a nagging feeling that you’re just done? Whatever the reason, if you’re thinking of selling your painting business, know that it’s a journey that’s not for the fainthearted.

About 80% of businesses listed for sale don’t sell, says Peter Holton, managing director with Chicago-based Caber Hill Advisors. Holton oversees Caber Hill’s construction, painting, landscaping, and facilities management division, offering valuation and business consulting insights for those looking to buy or sell service organizations.

“Unrealistic expectations of the business owner are the main reason only 20% of businesses actually sell,” he said. Few business owners truly comprehend the reality check they’ll endure when selling their company. But with a willingness to listen, learn, and correct some deficiencies, it is possible for an owner to make a profitable exit.

From $15 In His Pocket To A $3.2M Exit

From $15 In His Pocket To A $3.2M Exit

In 1961, Kamal Yadav arrived in the United States with $15 in his pocket.  He started Chemco Industries in 1975 and grew the business to $3M in revenue. Chemco sells environmentally-friendly cleaning chemicals, and Kamal’s customers included Walmart, eBay, Amazon, and the federal government.

When his children didn’t express interest in taking over the business, Kamal decided to sell.  He hired Certified Value Builder™ Steve Denny of Innovative Business Advisors to help, and they quickly received 14 offers.

Yadav sold Chemco for $3.2M cash upon closing.

Benefits of Buying a Business with Seller Financing

Benefits of Buying a Business with Seller Financing

Need financing to help buy a business? Your first stop should be the CURRENT BUSINESS OWNER i.e. -the Seller. Instead of getting a loan from a bank, why not ask the business owner to lend you the money for the purchase of the business? This happens. It happens every day. Here’s how….

How to Choose the Right Business Broker to Help You Buy a New Business

How to Choose the Right Business Broker to Help You Buy a New Business

An often overlooked option to help begin the journey towards buying your own business is to simply reach out to a business broker for guidance before you begin your search. If you can identify a quality business broker, which isn’t easy, this can be a way to help jumpstart your search and increase the chances of finding a successful acquisition. Brokers typically represent multiple deals within their category of expertise simultaneously, and if you’re able to establish a relationship with a productive broker you gain access to a continuous stream of deal-flow. The trick is to identify that unicorn broker.. The one who’s knowledgeable, productive, and won’t waste your time pitching you subpar, low probability deals for sale.

Why Now Might Be the Best Time in History to Buy a New Business

Why Now Might Be the Best Time in History to Buy a New Business

As we mentioned elsewhere, 2018 looks like it might shake out to be the best year in a decade to buy a business in the United States. There are a few big reasons for this:

Why You Need Seller Financing to Buy your Next Business

Why You Need Seller Financing to Buy your Next Business

If your broker is telling you that seller financing isn’t an option to buy an existing business that you like, I recommend you test that with the seller of the business personally.

What is seller financing? -It’s when the seller of a business acts as your bank. More often than not, when somebody is selling their business, they expect to lend you up to 50% of the business value in the form of a note, carrying interest and being paid off through the cash-flows of the business over a period of five to seven years after the purchase of the business.

Tips for Negotiating a Term Sheet

Tips for Negotiating a Term Sheet

A term sheet is a non-binding agreement outlining the basic terms and conditions under which an investment will be made. The term sheet acts as an outline for the parties involved so that once an agreement has been reached, a contract will be formed that adheres to the conditions defined in the term sheet.

A term sheet covers the major aspects of a deal, reducing the chances of a misunderstanding between parties. It also ensures that expensive legal fees attributed to drafting a binding agreement are not prematurely paid due to disagreements that arise. Here are some tips on creating an effective term sheet.

Why Prospective Business Buyers Should Love Flat Revenue

Why Prospective Business Buyers Should Love Flat Revenue

Perhaps “love” is a strong word. Perhaps “not be put off by” is more appropriate. Flat revenue refers to a chart’s depiction of the historical trend of a business’s revenue – flat revenue means that the trend line is nearly horizontal, stagnant, … flat. Some prospective buyers immediately move on to the next business to be considered when they see a flat revenue trend.