How do I find my NAICS Code?
There are two easy ways to find your NAICS code. You can find your code in the upper left hand corner of the first page of your company’s tax return or [...]
What is EBITDA?
EBITDA is a measure that represents a company’s total Earnings Before Interest Taxes Depreciation and Amortization are subtracted out. It is a performance measure widely used in buying, selling [...]
What is exclusive representation?
Exclusive representation means you agree not to work with a number of brokers at the same time. The exclusive broker has sole rights to your sale for so long as the listing agreement lasts, which [...]
When should I develop an exit strategy?
Now is really when the process should start. Sometimes, we don’t get to exit on our own terms and things can happen unexpectedly. People become disabled, the economy changes, and people die. Even [...]
What can a business broker do and what can’t they do?
If you’ve ever bought or sold a home, then chances are you’ve worked with a real estate agent. You can think of a broker’s role being very similar to a real estate agent, [...]
Why use an Intermediary?
The business owner is an expert at running the business but may not be as knowledgeable about the selling/buying process. An intermediary/business broker can assist the business owner to reach [...]