Non-Disclosure Agreements in Buying a Business When buying a business, the stakes are high, and information is the currency that fuels these transactions. Buyers seek access to confidential financial records, customer lists, trade secrets, and other sensitive information to evaluate the potential of the target company.; however, this exchange of critical data also carries [...]
Why You or Your Company Should Buy a Business Starting or buying a business can be an exciting, yet daunting, prospect. It requires a significant investment of time, money, and effort. While many individuals may consider starting a business from scratch, buying an existing business may be a more viable option. In this article, [...]
Labor Market Struggles Given the current labor market, many business owners have labor and hiring at the top of their mind. It’s no secret that it’s an ongoing struggle for both large corporations and small businesses nationwide. I won’t go into the why in this article, but I will dive into how you can [...]
Andrew Wahl Joins Indiana Business Advisors Indiana Business Advisors (IBA) is pleased and proud to welcome Andrew Wahl as Business Broker to our firm. Andrew comes to IBA with a solid entrepreneurial background. He started his first business at the age of 16. Today, he is an active senior commercial real estate broker, business [...]
There are several options when it comes to financing a business. Seller Financing is when the owner is willing to personally finance a portion of the purchase price. Oftentimes, this increases the likelihood of closing a purchase transaction. While Seller Financing is tempting because of the heightened chance of a faster sale, it is [...]
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 [...]
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 [...]
Focus on Your Business Multiple If you’re spending too much time and effort on increasing your profit, you could find yourself diminishing the overall value of your business. The solution? Focus on driving your business multiple. Driving your business multiple will ultimately help you grow your company value, improve your profit and redeem your [...]
Is Your Business Even Saleable? Information on Preparing to Sell a Business You are an expert at running your business, but you need an expert to help you navigate the complexities of selling a business. Most business owners are afraid to begin or don’t understand the analysis process that must take place long before [...]
