All business owners dream of building a successful company to generate revenue and establish their legacy. However, many entrepreneurs don’t plan for the day they will ultimately exit their business. Whether it’s due to retirement, health issues, or simply wanting…
It should come as no surprise that when it comes to getting a business ready for sale, accurate financials are key. At Creative Business Services/CBS-Global, we recommend at least five years of financials. This will allow us to provide an…
The Importance of Finding the Optimal Buyers The lower middle market world has changed a great deal since the 1970’s or early 80’s. Once this market consisted primarily of family-run businesses who operated in a more casual selling environment. However,…
So, you’re ready to own a business. Of course, your first and foremost determination should be in regards to what kind of business you’d like to run. Once you have made that decision, the next question to ask yourself is…
When it comes time to negotiate the terms of a business purchase, asking the right questions can help the deal progress more smoothly. You can always expect that there will be many negotiations between buyers and sellers. So, when issues…