JOHN LASTRA, NEW MEXICO'S PREMIER BUSINESS BROKER

Posts Tagged ‘business procedures’

Don’t Make These Mistakes When Selling Your Business

Business sales or acquisitions can be challenging. Making the right choices during a business transaction can be difficult when you’re simultaneously juggling day to day business operations. To help you navigate this undertaking, I have put together this list of advice for avoiding common mistakes I’ve seen as a business broker. 1. Mixing business with…

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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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