Category: Business Sellers

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September 9, 2022

Motivated Investors – How To Find Them

By Karin Neumann

Closing the deal is a significant challenge business owners face once they’ve made the decision to sell their business. Some business owners still hope somebody will walk through their door and make an offer they cannot refuse. While in some instances, inflated purchase prices might exist amongst public companies or with strategic acquisitions, but rarely…

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August 10, 2022

ESOP Challenges

By Achim Neumann

On numerous occasions, retiring business owners have raised the question, if an ESOP (Employee Stock Ownership Plan) as a means of transferring their business would not be better than selling the business to an investor? Not surprisingly, that question is usually asked with the perception that an ESOP is “easy” to be executed, it will…

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April 6, 2022

Is Now The Right Time?

By Richard Wilder

Inevitably, at some point during an initial meeting with a business owner, the question, “Is now a good time for me to sell my business?”, is raised.  Obviously, this is a key factor in deciding to sell a business, or to even start the process of planning to sell a business, but it is not…

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March 4, 2022

Top 3 Owner Concerns When Selling a Business

By Gary Herviou

If you are thinking about selling your business, you certainly have many things to think about.  The process of selling a privately held company is a unique experience and, if handled properly, can result in an extremely rewarding transaction that fully meets the goals of the owner and the firm.  Thoughtful planning and a proactive…

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April 8, 2021

Top 10 Owner Concerns When Selling a Business

By Jeremy Albelda

With 2020 in the rearview mirror, 2021 appears to be the year of possibilities.  You are probably looking for options and selling your business might be one of those options, however, there are some things you should consider before doing so.  Over A Neumann & Associates’ 18-year history we’ve seen and heard a lot while…

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February 4, 2021

Motivated Business Sellers

By Jeremy Albelda

In this time of the Covid-19 pandemic, selling a business has taken a new turn.  Many business owners are motivated to sell their business and retire.  They have already experienced the 2008 recession and don’t want to go through the same pain again due to the recession of 2020 and the virus. But what defines…

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January 7, 2021

Succession Planning – What For?

By Jeremy Albelda

“Succession planning – what for? I have fun running my company every day and when I am dead, my kids can solve that problem!” [Quote] by unnamed 78-year-old business owner, Newark, NJ. “No question – such approach is one of many approaches in planning the succession of a successful business, and unfortunately, we see such…

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November 12, 2020

Getting the Most from a Business Sale

By Jeremy Albelda

Many small business owners are determined to sell their businesses on their own in order to avoid paying a commission.  That’s understandable – sellers want as much money as possible from the sale of what is likely to be his or her biggest asset.  They think they know one or more individuals that might be…

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October 16, 2020

How to Best Acquire a Business

By Jeremy Albelda

Buying an existing business starts with choosing the right type of business. As a first step, the investor should choose an industry he/she is familiar with and which best matches existing skills and prior experience.  This will shorten the learning curve after taking over from the previous owner. Next, the investor should consider the size…

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June 9, 2020

Is There A Buyer For My Business?

By Jeremy Albelda

In good economic times (like the good old days just a couple of months ago) or in a period of uncertainty like today, the first question that business owners ask us is, “Do you have a buyer for my business?” The simple answer is a resounding, yes! Certainly, this will depend on the quality of…