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What Is Included in the Sale of My Business?
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Boss Talk: Selling Businesses With Jim Parker and Carey Sobel | EP 15 | What Is Included in the Sale of My Business?
Link to video podcast episode: https://youtu.be/eZ_6xmPX93o
Welcome back to another episode of Boss Talk: Selling Businesses With Jim Parker and Carey Sobel! Join these two seasoned business brokers as they offer valuable insights into the process of both selling and buying a business.
In this episode, Jim and Carey delve into the critical elements that are included in the sale of a business. They cover tangible assets like real estate, equipment, and inventory, as well as intangible assets such as intellectual property, goodwill, and licenses. They also discuss the handling of financial assets, including accounts receivable, and provide insights on complex items like gift cards, prorated expenses, and the role of a business broker in navigating these scenarios. This episode offers a comprehensive guide for anyone looking to sell their business, ensuring you are well-prepared and informed about what constitutes a complete and fair sale.
Business owners, if this content resonated with you, feel free to contact Boss Group International for any inquiries or to get started with a Broker’s Opinion of Value. We're here to serve you and ensure your business goals are met with excellence. Find out more at https://www.bossgi.com
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Leave us a comment, like, and share! We welcome your feedback! Let us know if there is a topic that's on your mind, and if you would like us to cover it in a future episode.
00:00 Introduction to Boss Talk
00:42 Understanding Tangible Assets
03:03 Handling Inventory in Business Sales
06:26 Exploring Intangible Assets
12:25 Financial Assets in Business Transactions
17:35 Additional Considerations in Business Sales
31:58 Conclusion and Final Thoughts
#businesspodcast #bosstalk #sellingbusinesses #businessbroker #bossgroup #businesssales
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