Navigating the Process of Buying and Selling Businesses

Have you considered buying a business or selling your current business? Now may be the right time. Take a listen to this episode of Paychex THRIVE, a Business Podcast, as host Gene Marks talks with Bob House of BizBuySell about what you should know about the current market and how to go about buying – or selling—a business today.

Topics Include:

00:00 – Episode preview 00:32 – Welcome, Bob House 01:36 – Introduction to BizBuySell 02:23 – What is the CoStar Group 03:33 – What BizBuySell offers 05:38 – Unique business offerings 07:41 – State of the market 09:34 – Impact of interest rates and financing 12:31 – Advice BizBuySell offers business sellers 14:21 – Influence of seller once business is sold 15:40 – Employee ownership plans 17:00 – Tax incentives for buying and selling businesses 20:05 – Ease of buying a business today 21:34 – Asset transactions 23:17 – Thoughts on multipliers 25:05 – Hot industries for those buying businesses 27:32 – Business broker 30:13 – Wrap up Have a guest or topic you’d like to suggest for the show? Submit your ideas here.

DISCLAIMER: The information presented in this podcast, and that is further provided by the presenter, should not be considered legal or accounting advice, and should not substitute for legal, accounting, or other professional advice in which the facts and circumstances may warrant. We encourage you to consult legal counsel as it pertains to your own unique situation(s) and/or with any specific legal questions you may have.