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Selling Your Business Successfully: Tips, Strategies, and Tools
 
 
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Selling Your Business Successfully: Tips, Strategies, and Tools [Paperback]

Rexford E. Umbenhaur (Author)
4.3 out of 5 stars  See all reviews (3 customer reviews)


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Book Description

February 3, 1999
Have you been considering selling your small business but are afraid of the high fees involved? Believe it or not—with business broker, attorney, CPA, and consulting fees, you can expect to pay at least $10,000 just to sell your company! In this easy-to-follow guide, Rexford Umbenhaur gives you everything you need to know to sell your business and save thousands of dollars! You'll find out how to make the entire process as cost-effective and hassle-free as possible.

In addition to covering your business valuation, preparing a presentation, marketing, negotiating, and closing a sale, this informative guide shows you:

  • How to determine a reliable and realistic value for your business before setting the asking price
  • The best way to locate potential purchasers
  • The right forms and contracts needed throughout the sale
  • How to save thousands of dollars on commissions or selling fees, even if you hire a professional
  • The elements needed to create an effective presentation package.

Selling Your Business Successfully is essential reading for all small business owners, brokers, appraisers, and CPAs.


Editorial Reviews

From the Publisher

Every year, thousands of business owners decide they are going to sell their business; however, until now, there has not been a resource available covering all the basics of the process. Here is the essential resource for selling a business effectively. The book includes everything from what to expect from the process to how to save thousands of dollars in the process.

From the Back Cover

Have you been considering selling your small business but are afraid of the high fees involved? Believe it or not--with business broker, attorney, CPA, and consulting fees, you can expect to pay at least $10,000 just to sell your company! In this easy-to-follow guide, Rexford Umbenhaur gives you everything you need to know to sell your business and save thousands of dollars! You'll find out how to make the entire process as cost-effective and hassle-free as possible.

In addition to covering your business valuation, preparing a presentation, marketing, negotiating, and closing a sale, this informative guide shows you: How to determine a reliable and realistic value for your business before setting the asking price The best way to locate potential purchasers The right forms and contracts needed throughout the sale How to save thousands of dollars on commissions or selling fees, even if you hire a professional The elements needed to create an effective presentation package.

Selling Your Business Successfully is essential reading for all small business owners, brokers, appraisers, and CPAs.


Product Details

  • Paperback: 352 pages
  • Publisher: Wiley; 1 edition (February 3, 1999)
  • Language: English
  • ISBN-10: 047124516X
  • ISBN-13: 978-0471245162
  • Product Dimensions: 8.9 x 6 x 0.9 inches
  • Shipping Weight: 1.1 pounds
  • Average Customer Review: 4.3 out of 5 stars  See all reviews (3 customer reviews)
  • Amazon Best Sellers Rank: #2,701,003 in Books (See Top 100 in Books)

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Customer Reviews

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Average Customer Review
4.3 out of 5 stars (3 customer reviews)
 
 
 
 
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6 of 7 people found the following review helpful:
5.0 out of 5 stars Information that Works, February 28, 2000
By A Customer
This review is from: Selling Your Business Successfully: Tips, Strategies, and Tools (Paperback)
This book is packed with real down to earth advice that can used by anyone to sell their business. It is also very help for anyone looking to buy a business. The book provides practicle "how to" information that can really get you through the technical aspects of valuing a business and negotiating the sale. Finally a book has been written that does not hold back anything, it gives the information needed in a real straight forward manner--that everyone can understand.
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1 of 1 people found the following review helpful:
5.0 out of 5 stars Simply Practical, June 20, 2003
By A Customer
This review is from: Selling Your Business Successfully: Tips, Strategies, and Tools (Paperback)
In an age where "spin" is the norm, this book cuts through to the heart of what a "seller," or for that matter a "buyer" needs to get the job done. This book is a clear map through the mine-field of selling your business. By following and applying the information you will arrive at your desired goal without having something blow up under your feet. A savy buyer would be very wise to read it too. There is nothing like reading your adversary's (in a transaction) handbook.
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1 of 1 people found the following review helpful:
3.0 out of 5 stars A practical but very simplistic guide, April 9, 2003
By 
Marco "marcomil" (São Paulo, Brazil) - See all my reviews
This review is from: Selling Your Business Successfully: Tips, Strategies, and Tools (Paperback)
There's a useful book with some pratical ways and approaches to valuate a business. It is not writen with a technical and complicated language, also do not go deeper on technical valuation procedures. It's like a do it yourself guide for those who wants only an initial overview of some practical ways to valuate a business.
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Inside This Book (learn more)
First Sentence:
There are many different ways to value a business, depending on the purpose for the valuation and entity of assets being valued. Read the first page
Key Phrases - Statistically Improbable Phrases (SIPs): (learn more)
proprietary cash flow, date hereof the amounts, buyer herein, nonrecurrent expenses, tax return transcript, adjusted net profit, tax account information, buying your business, undersigned buyer, undersigned seller, explaining adjustments, nonessential expenses, adjustment sheet, monthly gross sales, presentation package, excess earnings method, offering page, selling your business, escrow holder, closing agent, adjusted net income, event seller, escrow company, tabbed dividers, seller warrants
Key Phrases - Capitalized Phrases (CAPs): (learn more)
Perfect Press, Betty's Flowers, Business Purchase Agreement, State Board of Equalization, Bank Charges, Depreciation Expense, Equipment Depreciation, San Diego, Standard Industrial Classification, Total Price Includes, Future Expectations, Scranton Trail, Key Points of Interest, Bad Debt Expense, Black Hawk, Cash Over, Color Copy, Determining the Adjusted Net Profit, Equipment Interest Charges, Financial Statement Reported, Franchise Royalty Fee, Graphic Designs, List of Furniture, Market Street, Paper Supplies
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