Looking to Buy or Sell a Business? What you must know before signing
As the markets begin their slow climb back this year, many business owners and entrepreneurs have emerged from hiding to once again consider a serious move to either buy a new business, or sell their existing one.
Posted: Feb 23, 2012
Upper Saddle River, NJ (February 23, 2012) As the markets begin their slow climb back this year, many business owners and entrepreneurs have emerged from hiding to once again consider a serious move to either buy a new business, or sell their existing one.
If the time has come to consider buying or selling a food or beverage business, it is important to understand that there are many issues to address. Whether the company is being bought out by family members or acquired by a multinational consumer packaged goods (CPG) conglomerate, having a plan and knowing your options can make a big difference. For sellers, 2012 is seeing "sales multiples" return to pre-recession levels, making this year an ideal time to test out the waters. And for buyers, there's nothing more satisfying than the ability to control your own destiny, or add a new acquisition to an existing product line.
The Food Institute is hosting a one-hour webinar on March 13, 2012 which will address the key steps to a successful sale/purchase, including finding the right fit, determining a company's worth, the importance of the seller, due diligence, finding the right team to manage the deal and finally, closing the deal. Registration details can be found by clicking here.
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