10 Mistakes to Avoid When Selling Your Business — An Insider’s Guide, Part 1
Jan/Feb 2013 Issue
The majority of challenges and frustrations experienced by sellers can be avoided with solid information about the pitfalls of selling a business in today’s market. While there are dozens of challenges to overcome, here are five of the most common mistakes that can have drastic repercussions and cause both stress and loss of value on a business sale.
Read More10 Mistakes to Avoid When Selling Your Business — An Insider’s Guide, Part 2
Mar/Apr 2013 Issue
The majority of challenges and frustrations experienced by sellers can be avoided with solid information about the pitfalls of selling a business in today’s market. While there are dozens of challenges to overcome, in the January/February 2013 issue the first five most common mistakes were discussed that can have drastic repercussions and cause both stress and loss of value on a business sale. Here are the next five…
Read MoreCase Study: Buying & Selling an Automotive Service Business
A Look at the Perspectives of Both Buyer & Seller When a Prominent Auto Service Center in North Providence, RI, Changes Hands
May/Jun 2013 Issue
“After thinking I should be doing a nationwide search to find the right buyer for my business, it took my broker Art Blumenthal to find the perfect candidate from my own hometown!”
–Jim Torres, Seller
“For a first time buyer, having a broker involved is definitely a plus. There’s an amazing amount of legwork involved to get the deal done and you need a guide.”
–Joe Cunha, Buyer
Executive Q&A — Part 1
Nov/Dec 2013 Issue
In the first of a two-part series, we delve deep into the process of selling a business by interviewing Art Blumenthal, nationwide automotive aftermarket business broker, who provides business valuations, exit planning, and buying and selling advisor services.
Read MoreExecutive Q&A — Part 2
Jan/Feb 2014 Issue
In the second of a two-part series, we delve deep into the process of selling a business by interviewing Art Blumenthal, nationwide automotive aftermarket business broker, who provides business valuations, exit planning and buying and selling adviser services.
Part one of the executive interview appeared in the November/December issue of Shop Owner.
Read MoreWill Your Tax Returns Drastically Understate the True Value of Your Auto Service Business?
Properly Recasting Your Financials Will Showcase Your Aftermarket Business and Accurately Justify the Selling Price You Had Hoped For
Jul/Aug 2014 Issue
After more than 30 years of owning and successfully running the town’s well-known and successful auto service business…starting out long ago as a single location and growing to multiple sites over the course of his career…Dan the Auto Man is about to make the biggest decision of his professional life…
Read MoreInsider Tips About SBA/Bank Financing When Selling Your Shop
Your Business Broker Can Be a Key Player in Obtaining Bank Loan Prequalification to Attract Qualified Buyers
Sep/Oct 2015 Issue
Aftermarket business sales are rarely completed without some type of financing. Generally, the money used by the buyer for the purchase will come from either third-party bank financing or seller-financing, or a combination. As a shop owner contemplating a sale of your business, understanding the elements of bank financing is key to ensuring you will maximize the sales price and minimize the process time…
Read MoreA Must-Have Conversation About Your 2016 Taxes to Have with Your Accountant NOW…
…if You are Considering a Sale of Your Business in 2017
Jan/Feb 2017
Jim’s Auto Repair and Tire has been a fixture in a Midwest community for 31 years. Jim is now 64 years old and has agonized about a decision to retire for the past couple of years. The business has enabled him to live a good life despite the ups and downs of the local economy, put his two children through college, and lately spend more time on his hobbies…
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