by LutzMBG | Jan 22, 2025 | business sale, business valuation, exit planning
What It Is, Why You Need It, And How to Get Started. You’ve heard it before: to truly understand what your business is worth today—or if you’re planning to sell in the future—you need a valuation. Business owners often find this concept confusing or are unsure of...
by LutzMBG | Jan 15, 2025 | business sale, exit planning
How to Make Your Business Irresistible to Buyers Two key factors determine your company’s sellability: how it looks on the outside and how it functions on the inside. Think of it like selling a car— a shiny exterior may catch the eye, but serious buyers will always...
by LutzMBG | Aug 25, 2024 | business sale, business valuation
Two Steps Will Set Your Company Apart From Your Competition: 1. Specializing in One Product or Service This allows you to focus and deliver that product better than everyone else. It enables you to hire (or train) specialists in your field, improving the...
by LutzMBG | Aug 17, 2024 | business sale
When I ask business owners whether they think a business valuation could benefit their business, the typical response is: A business valuation? I’ll think about that when I’m ready to retire… which, of course, will be the day after never. The...
by LutzMBG | Jun 27, 2024 | business sale, business valuation, exit planning
There Are Two Types of Buyers—Here's Why You Need to Prepare for Both Whether you aim to sell your business next year or a decade from now, you need to consider and prepare for two primary types of buyers: Financial and strategic buyers. The Financial Buyer Financial...
