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How much taxes will I pay if I sell my business?

How much taxes will I pay if I sell my business?

It depends on your situation. If you sell your business and you have lost money and have not full depreciated the acquisition or startup costs, you may actually have a loss and you end up with a tax deduction. If you sell for a profit, you generally will be paying tax on the gain (How […]

Can I sell my business without a broker?

Can I sell my business without a broker?

Yes, you can sell a business without a broker, but you might not want to. While business brokers specialize in selling businesses and a good one generally brings a higher success rate and potentially higher end price to the transaction, a business owner that is professional, can hold emotions in check, and is realistic in […]

How do I find a buyer for my business?

How do I find a buyer for my business?

When you are ready to sell your business, finding a buyer can be very easy or may take some serious time. While buying a house is a common desire, owning a business is not for everyone and finding a buyer sometimes takes patience. Business brokers specialize in finding business buyers and typically have a database […]

How do I sell my business confidentially?

How do I sell my business confidentially?

Selling a business confidentially takes discretion and patience. Often times when business owners decide to sell they just think selling a business is like selling a house. It is not. Buying or operating a business is not for everyone and when an owner is ready to sell they need to have patience in the process. […]

Where can I sell my business?

Where can I sell my business?

Business For Sale Exchange is one amongst a number of business for sale websites that you can list your business for sale. Smart owners that are trying to maximize the sales price will post their business for sale on the top 10 sites to be sure all active buyers will have access to the listing. […]

What documents do I need to sell my business?

When you are getting ready to sell your business you should put together a full package ahead of time so that you are ready to send to potential buyers. We recommend you compile this into one PDF and bookmark the pages so prospective brokers, buyers and sellers. We recommend having all potential buyers sign and […]