CrossRoads Business Brokers Blog
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The CrossRoads Business Brokers blog is your go-to resource for all things related to buying or selling a business. Our team of experienced brokers specializes in assisting clients throughout the entire business transfer process. Stay up to date with our blog, where we provide valuable insights, industry trends, and tips for successful business transactions.
CrossRoads Business Brokers Blog
1w ago
At some point, the odds are exceptionally high that you’ll need to sell your business. Today, fewer businesses are being passed on to the next generation, increasing the likelihood that you will be selling yours eventually. Regardless of your business’ stage of life, the time to prepare for its eventual sale is now. Many believe ..read more
CrossRoads Business Brokers Blog
2w ago
LinkedIn is a crucial platform for professionals serious about business. Its versatility allows business owners to harness its potential in numerous ways. By implementing the following tips, you can enhance your LinkedIn profile to attract more leads and expand your network rapidly. 1. Send Connection Requests Initiate by actively sending connection requests. Most LinkedIn users ..read more
CrossRoads Business Brokers Blog
3w ago
There is no denying the satisfaction that comes with obtaining a signed letter of intent from both the buyer and seller. However, it’s crucial to recognize that due diligence has yet to be completed. No deal is final until the seller undergoes this process and commits to proceeding. In Stanley Foster Reed’s insightful book, The ..read more
CrossRoads Business Brokers Blog
1M ago
Maintaining confidentiality should be placed at the top of your “to-do” list when selling a business. The tremendous importance of maintaining confidentiality is difficult to overstate and stands as one of the key reasons that any seller should opt to work with a business broker or M&A advisor. Every seller should remember that a breach ..read more
CrossRoads Business Brokers Blog
1M ago
Negotiations can often be both perplexing and delicate. A simple misstep can jeopardize what could have been a great deal. One key but often overlooked tool in any negotiation is to pause and consider the wants, needs, and desires of the other party. Contemplating the ideal outcome for them can work wonders. Understanding what motivates ..read more
CrossRoads Business Brokers Blog
1M ago
Many sellers are surprised to learn that seller financing is very common. In fact, sellers should realize that there is a good chance that in order to sell their business, they will have to consider offering seller financing. What is Seller Financing? Seller financing essentially occurs when the seller provides a loan to cover some ..read more
CrossRoads Business Brokers Blog
1M ago
Everyone loves recurring revenue and for good reason. When buyers see recurring revenue, they instantly know that a business is stable, has positive cash flow, and, importantly, has room for potential future growth. There is no way around the fact that buyers want a business to be predictable. In short, buyers want to see consistency ..read more
CrossRoads Business Brokers Blog
2M ago
Business brokers and M&A advisors consistently improve closing rates. There are many reasons why this is the case and, in this article, we’ll explore some of the top reasons why brokerage professionals get results. When it comes to selling a business, few variables are as important as how your business is presented. A key area ..read more
CrossRoads Business Brokers Blog
3M ago
A pre-existing business is a proven commodity. A new business, regardless of how great your idea may be, will always have a future that is uncertain. You can hire many consultants and plan meticulously. Yet, even with the best ideas and most experienced consultants, your newly minted business could still quickly fail. A business with ..read more
CrossRoads Business Brokers Blog
3M ago
Selling a business is a significant decision that requires careful deliberation and planning. The role that business brokers play can be indispensable, especially when you aim to sell a business in Philadelphia, PA. These professionals guide you through the complex process, helping you avoid common pitfalls and ensuring a smooth transition. How Business Brokers in ..read more