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Many business owners don’t understand the concept of goodwill or how to calculate it. When a buyer is willing to pay a premium price for a business, far more than the company’s assets would typically…

If you’re in Long Island and are looking to sell or buy a business, a good Long Island business brokerage firm can help boost the chances of landing good deals. But the work of a business broker is no…

You may have heard the advice, “the best time to prepare to sell is when you start your business.” While this statement is far from realistic for most business owners and may even sound humorous, it d…

The process of selling a business involves a lot of hurdles, paperwork, and emotional baggage. After all, it’s not easy to have to let go of your venture after all the hard work and money invested in…

Everyone knows that good employees are important for a thriving business. That’s why there has been so much emphasis on keeping employees happy. When your employees are feeling not only satisfied, but…

For newcomers in the business world, the prospect of looking for trustworthy Long Island business brokers may seem a bit arduous and even frightful, particularly since they’ve never needed a business…

Are you selling a business that involves a lease? If so, this will be a factor that has significance to a buyer when you go to complete your deal. If your business relies heavily on its location and y…

Throughout history, we’ve been taught that the best way to succeed in life is by starting our own business. All things considered, it was the way in which many of the biggest emporiums existing nowada…

If you’re selling your business, at some point you’ll likely be presented with a term sheet. As the name suggests, this document will include the “terms” of the deal including the basic economic terms…

Owning a business, especially in a place as busy as New York City, can take a toll on your mental health. Sometimes, even successful entrepreneurs need to take a long break, touch grass, or ultimately…

One of the main questions or concerns coming from business owners planning to sell is _”how much should I ask for my business?”_ A trustworthy business broker may be qualified to perform an accurate a…

Once you get to the stage of your deal where you have a signed letter of intent, you may already be feeling a sense of relief that your deal is near finalization. But remember that the due diligence s…