General Business Brokerage

How a Business Broker Can Help You Sell Your Small Business Fast

Selling a small business is no easy task. It can take months—even years—to find the right buyer and negotiate the best deal for you. But what if you’re in a hurry? What if you need to sell your business fast? That’s where a business broker can help. A business broker is a professional who specialises…

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Selling a Business with the Help of a Business Broker

Selling a business is no small feat. To be successful, you need to have an understanding of your target market, the right documents and financials on hand, and a reliable strategy for marketing and negotiating your sale. For many business owners, one of the keys to success is hiring an experienced business broker to guide…

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What is a Business Broker?

A business broker is an individual or firm that specialises in assisting with the sale of businesses. Austin business brokers acts as an intermediary between buyers and sellers of a business, providing advice and expertise to help facilitate the transaction. They are typically paid a commission for the services they provide, which can be either a fixed…

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Why Do People Choose Business Brokers?

Selling a business is an incredibly complex process. It involves marketing the business to prospective buyers, negotiating the price and terms of sale, and transferring ownership in an efficient manner. To make sure this process runs smoothly, many business owners choose to work with a business broker in Austin. But what do business brokers do? What…

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The Independent Contractor Revisited

As the federal government and the state governments look for more ways to bring in money, the independent contractor status is a likely place for them to look. After all, by using independent contractors rather than employees, employers don’t have to withhold taxes, provide workers’ compensation, contribute to unemployment compensation, or provide any benefits such…

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Entrepreneurship Is Alive and Well!

A recent article in the Boston Globe reported that although more attention is on the large, primarily publicly held companies, more and more people are making their living by operating their own businesses. In fact, nationally, over 500,000 new businesses are started every year.  What this means is that over 10 percent of workers are…

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Small Companies Are Innovators

Small companies are the innovators. The need for large companies to acquire small companies is necessary in order for the former to capture new products and services.  According to Fortune magazine, “Big companies almost never innovate. This is unfortunate because innovation is one of the few ways to gain proprietary advantage and stay profitable.  It’s…

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Small Company Growth Trends

The median sales of a company going public has gone from an average $15 million in 1999 and 2000 to $164 million in 2004.  Smaller companies have decided not to go public as often as in years past, and they reap the quick – and cheap – money as a result of that decision.  The…

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A Board of Advisors

In most jurisdictions, a board of directors is not required for privately held companies.  However, many of these companies have appointed what might be termed advisory boards.  Although they may not have any legal authority, owners of these privately owned companies have discovered that this team of outside advisors can assist them in many ways.…

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Closing the Price Gap

The deal is getting down to the wire, the price differential is close, but the parties are not yet in agreement. Following are some ideas that might get the ball rolling and help bring the parties together. Let the seller retain the real estate and rent it to the buyer, thus reducing the price. The…

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