JOHN LASTRA, NEW MEXICO'S PREMIER BUSINESS BROKER

Posts by John Lastra

When is the Best Time to Sell Your Business?

The time to sell is when you do not have to sell. Selling a business can be a tricky undertaking with many considerations involved. Are you financially able to sell your business? How much is your business worth? How do you begin the process of marketing your business for sale? Who will facilitate the transaction?…

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Three Keys to Selling Your Business

1. Optimize your income Take a look at your revenues and expenses, cut out unnecessary expenses and look for savings in necessary expenses. Higher net income means a higher valuation of your business. This is also an excellent opportunity to clean up your books, making them easy to understand for potential buyers. 2. Reinforce weaknesses…

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