One of the most critical aspects of preparing to sell your business is gathering the proper documentation. As a business growth advisor, I often encounter clients who aren’t sure what paperwork is needed to streamline the process and attract serious buyers. Having the right records on hand can make all the difference, not only in […]
Essential Documentation for Bringing Your Business to Market Read More »
When selling a business, accurately presenting its profitability is key to maximizing value for potential buyers. One way to do this is through recasting financial statements. Recasting involves adjusting the financials to reflect the true economic benefit a new owner would receive by removing any discretionary, one-time, or personal expenses that won’t be carried over
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Selling a business in Louisiana is a monumental decision that requires careful planning and an understanding of who the ideal buyer should be. To maximize the value of your company, it’s essential to focus on identifying strategic buyers—those who can leverage synergies between their existing business and yours. With guidance from a Business Growth Advisor
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When it comes to selling a business, many owners in Louisiana turn to business brokers to navigate the complexities of the transaction. A business broker in Louisiana acts as a professional advisor, ensuring that the entire process—from valuing the business to closing the sale—is handled with expertise and precision. What Does a Business Broker Do?
Why You Need a Business Broker to Sell Your Louisiana Business Read More »
Selling a family business is a significant decision that requires careful planning and execution. Here are six key steps to ensure a successful sale. 1. Prepare Your Business for Sale Preparation is crucial when selling a family business. Start by ensuring that your financial records are accurate and up-to-date. Potential buyers will want to see
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When valuing a business, it’s important to understand that the process varies significantly depending on the size and type of the business. For businesses with under $5 million in revenue, often referred to as Main Street businesses, the valuation typically relies on a market-driven approach. However, as businesses grow, especially those in the lower Middle
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Family businesses hold a unique place in the economic landscape, often embodying the hard work, dedication, and values of generations. Deciding whether to sell or keep your family business is one of the most significant decisions you will face. This decision can be driven by numerous factors, including market conditions, family dynamics, and personal goals.
When to Sell Your Family Business and When to Keep It Read More »
Starting a business is often the culmination of a dream, a vision brought to life through hard work and dedication. However, as important as it is to focus on the beginning of this journey, planning your exit strategy is equally crucial. A well-thought-out exit plan ensures that you maximize the value of your business, secure
Why Planning Your Exit is Just as Important as Starting Your Business Read More »
Duran Advisors is excited to present a remarkable opportunity to purchase a thriving restaurant in the bustling Mid-City area of New Orleans, Louisiana. This vibrant locale is known for its eclectic mix of culture, music, and food, making it the perfect setting for a successful restaurant venture. The current owner is ready to retire, opening
Exciting Opportunity: Restaurant For Sale in New Orleans’ Mid-City Read More »
Flipping a business, much like flipping real estate, involves buying a business, improving it, and then selling it for a profit. This process can be highly lucrative but requires careful planning and execution. As a business broker in Louisiana, Duran Advisors has extensive experience in guiding business owners through this process. Here’s a detailed guide
How to Flip a Business: Buy, Optimize, and Sell for Profit Read More »