In order to sell a business, a goodwill agreement is required in the state of Florida. This document ensures that the purchaser will receive the benefits of the business' goodwill, which is the value associated with intangible business assets, such as the reputation and customer base of the company. Goodwill…
You’ve paid your dues, put in the hard work, and built your business from the ground up. You can’t even count the number of hours you’ve put into making sure everything operates just right, every customer is satisfied, and every supplier is paid. You’ve spent years developing relationships, providing a…
One of the fundamental steps of selling a business is providing a potential buyer with due diligence documents at their request. However, as the seller, your effort in developing these documents should begin long before you receive the buyer’s initial due diligence request list. In this post, we’ll discuss due…
A lot has changed in the U.S. business market over the past couple of years. Whereas before, potential business buyers could take their time to review and ponder on every aspect of acquiring an existing business, now is the time to strike while the iron is hot. Businesses, just like…