Feb 13, 2022
In episode 398 of Financially Simple, Justin concludes his review of what a Buyer will consider when looking for a business to purchase.
Potential buyers that are considering purchasing your business will look at your assets - from the location, structure, and physical assets, to the intangible as well as potential liabilities such as OHSA regulations. In this episode, Justin considers the tangible and intangible assets, and legal aspects such as taxes, industry regulations, and insurance that a buyer will want to review before making an offer for your business.
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- The Business Sale Process Through the Eyes of a Buyer, Part 3: The Business's Assets
- Fixed Assets
- Digital Footprint
- Risk Mitigation and Management
- Environmental Regulations and OSHA
- Insurance and Intangible Property Protection
Justin A. Goodbread, CFP®, CEPA, CVGA, is a nationally recognized financial planner, business educator, wealth manager, author, speaker, and entrepreneur. He has 20+ years of experience teaching small business owners how to start, buy, grow, and sell businesses. He is a multi-year recipient of the Investopedia Top 100 Advisor and 2018 Exit Planning Institute’s Exit Planner Leader of the Year.
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