What Is Included in the Sale of My Business?
Boss Talk: Selling Businesses with Jim Parker & Carey Sobel
Release Date: 11/26/2024
How Long Will It Take to Sell My Business?
Boss Talk: Selling Businesses with Jim Parker & Carey Sobel
Boss Talk: Selling Businesses with Jim Parker and Carey Sobel | EP 17 | How Long Will It Take to Sell My Business? Link to video podcast episode: Welcome back to another episode of Boss Talk: Selling Businesses with Jim Parker and Carey Sobel! In this episode of Boss Talk, Jim and Carey discuss why there is no definitive answer to how long it will take to sell a business due to the myriad of variables involved. The two seasoned brokers elaborate on the importance of preparation, the critical first 30 days on the market, and how hiring professionals can expedite the process. They also examine...
info_outline
Game Plan: Assembling Your Business Sales Team - Part 2
Boss Talk: Selling Businesses with Jim Parker & Carey Sobel
Boss Talk: Selling Businesses With Jim Parker and Carey Sobel | EP 16 | Game Plan: Assembling Your Business Sales Team - Part 2 Link to video podcast episode: Welcome back to another episode of Boss Talk: Selling Businesses With Jim Parker and Carey Sobel! In this episode, Jim and Carey continue the discussion that they started in episode 14: the essential components of assembling a team to successfully sell your business. The pair emphasize the critical roles of CPAs, attorneys, and business brokers, discussing their importance during the sale process. The conversation covers key...
info_outline
What Is Included in the Sale of My Business?
Boss Talk: Selling Businesses with Jim Parker & Carey Sobel
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: 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...
info_outline
Game Plan: Assembling Your Business Sales Team
Boss Talk: Selling Businesses with Jim Parker & Carey Sobel
Boss Talk: Selling Businesses With Jim Parker and Carey Sobel | EP 14 | Game Plan: Assembling Your Business Sales Team Link to video podcast episode: Welcome back to another episode of Boss Talk: Selling Businesses With Jim Parker and Carey Sobel! In this episode, Jim and Carey discuss the essential components of assembling a team to successfully sell your business. The discussion outlines the critical roles of business brokers, CPAs, attorneys, lenders, and other specialized professionals in ensuring a smooth transaction. They emphasize the importance of having a knowledgeable and...
info_outline
How To Choose a Business Broker
Boss Talk: Selling Businesses with Jim Parker & Carey Sobel
LINK TO YOUTUBE: https://youtu.be/OqEDsaRhy10 WEBSITE: https://bossgi.com RELEASE DATE: September 26, 2024 SHOW NOTES: Boss Talk: Selling Businesses with Jim Parker and Carey Sobel | EP 13 | How to Choose a Business Broker Welcome back to Boss Talk! With only about 10,000 business brokers in the United States, the stakes are high when selling one of your most valuable assets—your business. In this episode, hosts Jim Parker and Carey Sobel of Boss Group International, delve into the essentials of selecting the right business broker. Their discussion covers key factors such as...
info_outline
Confidentiality and Selling Your Business
Boss Talk: Selling Businesses with Jim Parker & Carey Sobel
LINK TO YOUTUBE: https://youtu.be/43Bg-m88dmA WEBSITE: https://bossgi.com RELEASE DATE: August 29, 2024 SHOW NOTES: Boss Talk: Selling Businesses with Jim Parker and Carey Sobel | EP 12 | Confidentiality and Selling Your Business Welcome back to Boss Talk! In this episode, we discuss the topic that is top of mind for most sellers that we work with : confidentiality. Hosts Jim Parker and Carey Sobel delve deep into this critical topic of confidentiality in the process of selling a business. They highlight the differences between selling a business and selling real estate, emphasizing the...
info_outline
Selling Your Business: Is a Local Broker Needed?
Boss Talk: Selling Businesses with Jim Parker & Carey Sobel
LINK TO YOUTUBE: https://youtube.com/@ListenToBossTalk WEBSITE: https://bossgi.com RELEASE DATE: July 25, 2024 SHOW NOTES: Boss Talk: Selling Businesses with Jim Parker and Carey Sobel | EP 11 | Selling Your Business: Is a Local Broker Needed? Welcome to another episode of Boss Talk: Selling Businesses with Jim Parker and Carey Sobel! In this episode, Jim and Carey discuss the necessity of hiring a local business broker for buying or selling a business. They delve into how technological advancements and experiences during the global pandemic have made remote business transactions...
info_outline
Is Your Business Broker Greedy?
Boss Talk: Selling Businesses with Jim Parker & Carey Sobel
LINK TO YOUTUBE: https://youtube.com/@ListenToBossTalk WEBSITE: https://bossgi.com RELEASE DATE: July 4, 2024 SHOW NOTES: Boss Talk: Selling Businesses with Jim Parker and Carey Sobel | EP 10: Is Your Business Broker Greedy? Welcome to another episode of Boss Talk: Selling Businesses with Jim Parker and Carey Sobel! In this episode, they tackle the provocative question, 'Is Your Business Broker Greedy?' The discussion delves into the concept of co-brokering in business sales, comparing it to real estate practices where buying and selling agents collaborate. Co-brokering is...
info_outline
Relationships: Key to Selling a Business
Boss Talk: Selling Businesses with Jim Parker & Carey Sobel
LINK TO YOUTUBE: https://youtu.be/82eDIz_6PI4 WEBSITE: https://bossgi.com RELEASE DATE: June 13, 2024 SHOW NOTES: Boss Talk: Selling Businesses with Jim Parker and Carey Sobel | Episode 9 | Relationships: Key to Selling a Business In this episode of Boss Talk, business brokers Jim Parker and Carey Sobel discuss the vital role that relationships play in selling a business. They emphasize the importance of building deep-rooted connections, trust, and integrity in both personal and professional dealings. The conversation spans various aspects, including the dynamics between...
info_outline
The Boss Group Difference
Boss Talk: Selling Businesses with Jim Parker & Carey Sobel
LINK TO YOUTUBE: https://youtu.be/iL9UuLF8Qq0 WEBSITE: https://www.bossgi.com RELEASE DATE: May 30, 2024 SHOW NOTES: Boss Talk: Selling Businesses with Jim Parker and Carey Sobel | EP 8: The Boss Group Difference In this episode of "Boss Talk," Jim Parker and Cary Sobel delve into what sets Boss Group apart in the world of business brokerage. Join the conversation as they unveil their unique approach to selling businesses. They discuss their distinctive approach, the importance of good people and strong culture, maintaining a quality over quantity mindset, and their commitment to continuous...
info_outlineBoss 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
Catch up on past episodes and subscribe on YouTube for the latest from Boss Talk: https://youtube.com/@ListenToBossTalk
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