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Preparing Your Business for Sale: A Step-by-Step Guide Intro Preparing your business for sale involves a meticulous and strategic approach that ensures you maximize value and attract potential buyers. Start with conducting a comprehensive assessment of your business, which includes reviewing financial statements, assessing operational efficiencies, and identifying any areas that require improvement. Identify the …

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How to Negotiate the Best Deal when buying a business? Scoring the Best Deal! Buying a business is not just about exchanging contracts and signing cheques, it’s about negotiating your way to success. Imagine walking away from the deal table with not only a thriving business but also substantial savings in your pocket! Whether you’re …

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How to Conduct Due Diligence When Buying a Business Intro Buying a business is a significant investment but it also comes with risks. To navigate these risks and ensure a successful acquisition, conducting thorough due diligence is crucial. Due diligence is the investigative process where you keep a check on every aspect of the business, …

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Starting a business from scratch can be an exhilarating endeavor, but have you ever considered the merits of buying an existing business instead? It’s a path less traveled by aspiring entrepreneurs, yet one that offers a multitude of advantages and opportunities. Let’s delve into why purchasing a running business might just be your ticket to …

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Business valuation is the process of assessing the total economic value of a business and its assets. During this process, all aspects of a business are evaluated to determine the current worth of the business. There are a number of ways to determine the market value of your business.   Book Value One of the most …

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