We met with business owner Daniela Silicato, a seasoned early childhood education professional who has achieved a significant milestone with her second acquisition of a childcare centre.
We met with business owner Daniela Silicato, a seasoned early childhood education professional who has achieved a significant milestone with her second acquisition of a childcare centre.
Business Founder Syndrome (BFS) is a term that encapsulates the challenges and issues faced by business owners who have nurtured their enterprises from inception. These founders often find it incredibly difficult to step back or disengage from their businesses. As a business broker I encounter BFS frequently, and I thought it was time to explore how it not only affects the founders themselves but also significantly impacts the process of finding a suitable buyer when it comes time to sell the business.
When evaluating a business for purchase, net profit is a critical metric that buyers consider. A high net profit is generally viewed as a positive indicator of a business's financial health, as it indicates that the business is generating healthy profits and can cover its expenses while still providing a return to investors.
Selling a business can be an exciting journey filled with opportunities for growth and new beginnings. However, it can also be a complex and challenging process, especially for those selling for the first time. The good news is that there are many professionals out there who can help you navigate this process and increase your chances of success.
Selling a business can be a complex and emotional process, with a lot at stake for both the seller and the buyer. Unfortunately, many business owners make common mistakes when selling their business that can significantly impact the final outcome. This article will discuss some of the most common mistakes people make when selling their business and provide tips on how to avoid them.