Selling an existing, operating franchise unit is very different from selling a new franchise territory. A resale is not simply the transfer of a franchise agreement—it is the sale of an operating business with financial performance, assets, staff, customers, and often an established reputation in the market. *This article is related to selling a […]
When preparing to buy or sell a business, one of the most important components of the valuation process is understanding add-backs. These financial adjustments help normalize a company’s earnings so that buyers can see the true earning power of the business. Because most small and mid-sized businesses—especially owner-operated companies—have expenses that don’t reflect what a new owner would […]