Is there a co-relationship between a business' asking price and how long it remains unsold?
One would think that the seller would lower the price of a business that has been has been on the market for a while. Quite often this is the case, especially
You should also consider why a particular business hasn't sold. Surely price can be an issue. But a good business, with a solid history, clean books/records, and good future prospects will move very fast in today's market.
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When you reach the point of having to value a business for sale, buyers often handcuff themselves and do not even realize they are doing it. Although putting a price tag on a businContinue Reading >
When I first entered the business brokerage world a number of years ago, a colleague at the firm told me that “every business is overpriced the day it is listed for sale”. OfteContinue Reading >