IBA Articles and News
Prepare to Sell Your Business
When is a good time to sell your business? As we enter into the new year, this could be a question you are asking yourself. In the midst of a pandemic and recession, many businesses didn't make it out of 2020. However, there are many businesses that have been thriving that are attracting eager buyers. As always, the best time to sell your business is entirely dependent on you and the company's overall readiness. Prepare to Sell Your Business Buyers are very interested in buying good, profitable companies that still have ample room for growth. That said, some industries [...]
How Long to Sell a Business
If you’re considering whether or not to sell a business, you may be wondering how long the process takes. While the business exit process varies, most owners can anticipate a six- to nine-month process from signing a listing agreement to closing. Some things, however, 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. 4 Things that Impact the Time it Takes to Sell a Business The business sales process can be tiring. The desirability of your [...]
How to Finance a Business
Before leaping into a new business opportunity, most have the challenge of securing working capital and need to finance a business purchase. 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 [...]
Types of Prospective Business Buyers
When planning for your transaction, you want to consider the different types of prospective business buyers you’re presented carefully. The buyer pool for most organizations can be very diverse. Plus, different kinds of buyers pose different implications. Follow along to learn the pros and cons of working with different types of prospective business buyers. 1. Individual Buyer Our business brokers frequently come in contact with individual buyers who aren’t affiliated with an external organization. This scenario can be advantageous for several reasons. For one, these parties have fewer strings attached, making them easier to work with than an existing [...]
How to Scale Your Business
Everyone dreams that they can scale their business to become big and evolve to the next level. Unfortunately, however, not everyone possesses the business savvy to make those dreams reality. If you are unable to scale your business, it will eventually become stagnant or fail. Growing a business requires calculated decisions. Below are some ways you can strategically scale your business: Outsourcing As the business grows, the reality of accomplishing everything you want with your business alone becomes more unrealistic. This is due to the rising costs of operating a business. In order to meet output demands, you have [...]
Hiring a Business Broker
Business owners are often surprised to find out just how involved the sales process is. Asking the right questions will help you find an experienced broker who has your best interest in mind. Keep reading to find the top 5 questions to ask when hiring a business broker. 1. Have you had a successful sale with a business like mine? The right broker has successfully sold businesses that are similar to yours, in terms of operation, size, and scalability. When meeting with potential brokers, it’s more important to focus on the types of businesses they’ve worked with, rather than the [...]
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Indiana Business Advisors
9333 N Meridian St, Ste 200
Indianapolis, IN 46260
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Office: 317-573-2100
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