Why Would an Acquirer Be Interested in My Business Today?
MusicMetric, a platform for measuring music and singer data from several different services, was recently acquired by Apple for around (unofficially) $50 million. The parent company, SeMetric, wasn’t necessarily making a profit from MusicMetric, but Apple obviously gave them an offer that made the owners and investors happy. The purchase of SeMetric looks like a […]
Representations and Warranties in a Purchase Agreement
Yes, the Representations and Warranties in a Purchase Agreement DO Matter James Smith was ready to sell his business. He received his purchase agreement from the buyer and agreed on the terms, however there were pages and pages of representations and warranties. He figured this was standard procedure and didn’t think twice about it […]
4 Ways to Increase Value When Selling Your Business
Working with an experienced lawyer and business broker can make a major difference when it comes to getting the most value for selling your business. Take the example of Holly Hunter, a successful financial planner in Portsmouth, NH. Her small business employed a few people and pulled in about $700,000 per year in revenue. As Holly got older, she […]
Top 3 Reasons Small Businesses are Sold
Are you considering selling your business, and wondering what motivates potential buyers? Understanding why people buy existing businesses will help you to get the best price when you sell yours. Here are the top 3 reasons that acquisitions of small business take place: Profitability of the target business: Generally, an acquirer is more inclined to […]