The first job facing many prospective business owners is rounding up the cash necessary to make the purchase. They may find that banks have
Government financing and venture capital financing account for less than one percent of all new business financing. Sixty-seven percent of all small to mid-sized
Sellers generally desire all-cash transactions; however, oftentimes partial seller financing is necessary in typical middle market company transactions. Furthermore, sellers who demand all-cash deals
Three years of profit and loss statements Federal taxes for the same three years Current list of fixtures and equipment The lease and related
Most business owners think that their business is unique. There are obviously many different attributes that can make a business stand out from others.
There are three good questions to consider before selling your business. First, “Do you really want to sell this business?” If you’re really serious
When the owner of a business makes the decision to sell, he or she is taking a giant step that involves the emotions as
In addition to using a business broker, there are specific steps you can take to increase the chance of a successful closing. Know why
The Letter of Intent (LOI) is a pre-contractual written instrument prepared by the buyer for the seller, which is usually the preliminary understanding of
Most individual company owners only sell one business in their lifetime. A corporate buyer, however, may have been involved in quite a few transactions
There are lots of reasons why the sale of a business falls apart. The reasons can be grouped into four major categories: those caused
Business owners are often asked, “Do you think you will ever sell your business?” The answers vary from: “Only when I can get my
