Tip #157: Understanding Accounting Can Make a Difference

tip 157 Many business owners don’t really understand the principles of accounting and many of its elements. That can have an impact when it comes time to go through the process of selling their business. There can be confusion or misunderstanding in the negotiations or the implications of the details of an offer. Business owners should take advantage of working with a knowledgeable Business Broker or Mergers & Acquisitions Advisor to make sure they fully understand the entire transaction and get the best deal possible.