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How Long Does it Take to Sell a Business?

If you’re considering exiting your business, you may be wondering how long the process takes. While the process varies, most business owners can anticipate a six- to nine-month process from signing a listing agreement to close. However, some things impact the length of a business sale. In this article, we answer the question, “How long does it take to sell a business?” and share tips for a streamlined and profitable sale.

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How to Finance a Business in 4 Easy Steps

Before leaping into a new business opportunity, most have the challenge of securing working capital. Although it’s not an easy task, it’s essential to getting your idea off the ground. It’s also not one to take lightly, as the decision you make will stick with you for years to come, even after your business starts making a profit. You can set yourself up for a win by researching the different avenues available and deciding the best action for your specific needs. Read on as we evaluate four of the more common options owners consider when deciding how to finance a business.

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How to Scale Your Business Strategically

Everyone dreams that their business can become big and evolve to the next level. Unfortunately, however, not everyone possesses the smarts or business savvy to make those dreams a reality. If you are unable to scale your business, it will eventually fail or not produce the revenues you want. Growing a business requires calculated decisions to be made. Below are some ways you can strategically scale your business.

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COVID-19 Resources

In response to the disruption to businesses from the coronavirus, we want to be able to provide resources to help small business owners during this time. If we can be of a resource, please do not hesitate to reach out and contact IBA with your questions about the impact of this current economic state and the businesses we represent. 

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Have You Saved Enough to Sell Your Business?

As Indiana Business Brokers, we see more often than not, that the largest asset business owners have is their business. Some may have as much as 90% of their net worth tied up in this illiquid asset. The majority haven’t saved adequately outside of their business. Which means that when it comes time to sell the business, they are financially dependent on it to fund the rest of their lives. But as with any investment, it’s extremely risky to put all your eggs in one basket.

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5 Reasons Why Your Business Is Too Dependent On You

5 Reasons Why Your Business Is Too Dependent On You. If you were to draw a picture that visually represents your role in your business, what would it look like? Are you at the top of an organizational chart, or stuck in the middle of your business like a hub in a bicycle wheel? The Hub & Spoke model is a drive that shows how dependent your business is on you for survival. The Hub & Spoke model can only be as strong as the hub. The moment the hub feels overwhelmed, the entire system fails. Acquirers generally avoid these types of managed businesses because they understand the dangers of buying a company too dependent on the owner. Here’s a list of the 5 top warning signs that show your business could be too dependent on you.

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Mergers & Acquisitions: 5 FAQs

At Indiana Business Advisors, we take mergers and acquisitions seriously. As brokers, we help our clients buy and sell private businesses, aligning the interests of all parties for mutual agreement and satisfaction. Read on for five frequently-asked questions about business mergers and acquisitions.

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The Big Thing Holding Back Small Businesses

Why do entrepreneurs go outside their bull’s eye? When you’re a self-funded start-up, you’re scrambling — just trying to bootstrap your way to a company. You don’t have a lot of money to invest in formal marketing, so you rely on word-of-mouth and referrals. This also means you’re often talking to people outside of your bull’s eye.

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