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

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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.