Create your Valuable Business
Creating a valuable business is not easy. We get that.
Most business owners do not have a formal education in accounting, finance or law. And yet you are expected to understand these complex and important matters.
We are dedicated to providing business owners access to investors, advisors and other resources so you can create a valuable business.
Whether you choose to sell or keep your valuable business is up to you!
So far, Exit Promise has helped more than one million business owners like you.
Articles &Tools
New Overtime Rule Increases the Salary Exemption Thresholds
In 2024, the U.S. Department of Labor (DOL) recently issued a final rule that significantly increases the salary threshold for employees to be classified as exempt from the Fair Labor Standards Act (FLSA) overtime pay requirements.
This change will result in more employees being classified as non-exempt, which means they will be eligible for overtime pay and subject to the FLSA’s requirements for accurate timekeeping records.
Maximizing After Tax Proceeds When Selling Your Business
In this episode, Holly Magister, a CPA with expertise in business sales, offers valuable insights into tax planning for entrepreneurs preparing to sell their businesses. Dive into the nuanced tax considerations discussed and learn proactive strategies to enhance sale proceeds while reducing tax liabilities. This episode serves as a hands-on roadmap for business owners, equipping them with the knowledge to make informed choices and optimize their financial results throughout the intricacies of business exits. Tune in for essential guidance!
Understanding the Accredited Investor Rule 501 of Regulation D
When seeking money for your business, it is necessary only to approach accredited investors because regulations restrict the types of investors allowed to participate in such private placements. By limiting investments to accredited investors, regulators aim to protect less sophisticated investors from the higher risks associated with certain types of investments, such as private placements or hedge funds.
To qualify as an accredited investor, an individual must typically meet one or more of the following criteria:
Which is Best – Business Broker, M&A Advisor, or an Investment Banker?
Ask your Question at the bottom of any article. One of our advisors will answer.When selling a business, you’ll likely engage various...
How To Find A Business On Sale
Finding a business for sale involves research, networking, a serious commitment of time and resources for due diligence, and above all careful consideration. Whether you are thinking about buying an existing business as an alternative to creating your own startup from scratch, there are many important factors to consider.
Follow our a step-by-step guide to help you find a business to buy.
Why Business Buyers Won’t Buy Your Business
Learn why business buyers view your business as unattractive and it fails to sell once it’s on the market. We’ve summed up the top seven reasons and included suggestions regarding how to overcome these obstacles.
EBITDA Add Backs and Adjustments
A common method used to calculate business value involves applying a multiple to the company’s EBITDA. And while business owners who intend to sell their business have many options to increase the transaction multiple, one way to unlock value using this calculation is to identify other, non-customary “add-backs” to increase EBITDA.
Employee Retention Tax Credit Guide January 2023 Update
The Employee Retention Tax Credit (ERTC aka the ERC) applicable to the Covid-19 pandemic has been evolving from its initial congressional act in March of 2020, was enhanced by the Consolidated Appropriations Act passed in January 2021, updated by the American Rescue Plan in March of 2021, and most recently updated by the Infrastructure Investment and Jobs Act.
If your head is spinning as you try to unravel the ERC rules, you are not alone. The ERC or Employee Retention Credit offers a viable and alternative way to recover payroll costs for any type of employer, except state and local government entities, regardless of their size.
How To Choose A Business Broker Intermediary
Choosing the right intermediary or business broker to represent a business owner in the sale of their business can make all the difference when it comes to the right price, the right buyer, and the ability to close the deal.
The Three Business Valuation Approaches [Infographic]
At some point during a company’s existence, it’s very likely a business owner will need a business valuation. Regardless of the reason, it is very important to understand how business valuations are conducted.
The Negative Effect of Concentrations on the Value of a Business
When all other factors are equal, the presence of a significant concentration among customers, suppliers, and/or employees results in a lower business value than might otherwise be expected due to the underlying inherent risks associated with any or all of these concentrations.
Buying and Selling a Business in a Changing Market
Buying and selling a business is a challenging and calculated process that is influenced greatly by market conditions. On one hand, business buyers must consider the historical performance of the business they intend to purchase and gauge that against financing options and other acquisition challenges to make a judgment call on how the business would perform post-acquisition. Business owners, on the other hand, must consider the money they are making now, and weigh that against a pay out and their need or desire to work less.