Insights

What Is Goodwill and Why Does It Matter When Selling a Business?

When business owners hear the term goodwill, they often assume it simply means having a good reputation. While reputation certainly plays a role, goodwill has a much broader meaning when it comes to valuing and selling a business. In simple terms, goodwill represents the value of a business that cannot be attributed to its tangible assets alone. Equipment, inventory, furniture, and real estate all have measurable value. Goodwill reflects the additional value a buyer is willing to pay because the business has developed advantages that are difficult to replicate. Those advantages are often what make an established business significantly more...

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Buyer Articles

Negotiating a Deal Means Asking Questions

Successful Deals Rely on Questions At the heart of any good deal is a series of questions. Selecting a business that is right for you is about asking the right questions and probing deeper when those answers seem problematic. Brokerage

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Buyer Articles

Five Key Points All Buyers Should Investigate

Have You Investigated These Key Points? Maintaining a cool head is essential when buying any business. Many businesses may seem like an excellent opportunity at first glance, only to unravel once carefully evaluated. Your excitement about owning a particular business

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Seller Articles

The Business Was Worth More Three Years Ago

We’ve had this conversation more times than we can count: an owner is finally ready to sell, but the business they’re bringing to market is no longer the business buyers would have paid a premium for three years earlier. The

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Seller Articles

Why Lease Terms Can Make or Break a Business Sale

When a business changes hands, the lease attached to it can be just as important as the business itself. This is especially true for restaurants, retail stores, salons, and other companies that rely heavily on location and customer traffic. A

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Seller Articles

What Details Can Make or Break a Business Sale?

Selling a business is a major financial transaction, but many deals collapse over issues that have little to do with price. Buyers, sellers, attorneys, accountants, and business brokerage professionals may spend months working toward an agreement, only to see the

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