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Selling a business? Learn the Three Deadly Weapons that could literally cut the value (sales price) of your business in half. Just take a few crucial steps that can double what you receive in a sale.

Here are the Three Deadly Weapons that can wreck the sale of your business. These weapons are based upon experience, discussions with many business owners, and many years of representing businesses in and out of the courtroom.

In selling a business, you can learn how to avoid the three mistakes that will literally cut the sales price of your business in half. Think about having a business that should be worth $750,000 but only being able to sell it for $375,000.

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There is a credit crisis and your credit score is more important than ever.

I’m going to tell you the story of a friend of mine named Terry. Terry is a single woman supporting herself and in a professional job. She’s smart, honest and responsible. So how can she be the object of a credit repair case study? Because financial problems can happen to anyone. All it takes is an illness, a lost job, an accident or an unexpected financial problem and a lack of knowledge and planning.

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According to American Accounting Association, Committee on Accounting Concepts and Standards, “Revenue is the monetary expression of the aggregate of products or services, transferred by an enterprise to its customers during a period of time.”

Capital and revenue receipts

Capital receipts of business comprise of capital contributed by partner or by the shareholders; loans ; sale proceeds of any fixed asset, etc. In case of clubs and associations, receipts on account of life subscriptions; entry fee; government grants; legacies and endowments are capital receipts. Revenue receipts of a business are, cash from sales, discount received, commission, interest on investment etc. In case of club etc. annual subscriptions; sale of golf clubs and balls; receipts arising out of the premises being given to others for use on charges.

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