Let’s begin with a quick question: Sam wants to start his own business from scratch, while Mary wants to acquire an existing business – but both need to secure financing in order to do so. Which one will have an easier time securing their loan? While no guarantees can be made, it is probably […]
Loans to Buy an Existing Business? Yes, You Can! Read More »
Are you tired of working for someone else? Ready to take the plunge and become a business owner? You aren’t alone. According to the Chamber of Commerce website, for the period of 2009-2016, around 400,000 small businesses are started each year. However, as we all know, the road to success in business is littered
Selling your business is one of the most important transactions you’ll ever make in your career. And buying a business is similarly complicated and potentially confusing. It’s no wonder then that you’ll hear time and time again that the best way to navigate the sale or purchase of business is by enlisting the assistance of
The First 4 Questions to Ask a Business Broker Read More »
Negotiating is one of the most difficult aspects of any business sale. If not done correctly, the buyer can end up either paying too much for the business, or the seller can receive less than they hoped for. Sales negotiations are delicate and challenging, but with expert help a win-win solution can usually be found.
Business Sales Negotiations: Counter Offers & Compromises Read More »
Business owners are contacting us to ask whether this is a good time to sell their business. Should they defer the decision until the coronavirus is under control and conditions have improved? It’s a good question. Here are some observations: It’s safe to sell your business. We are able to use video conferencing applications,
Can I Sell My Business During the Coronavirus? Read More »
The numbers of COVID-19 cases around the world continue to climb, and so does the economic impact. Some businesses have been severely impacted, even being forced to shut their doors. Others in essential services categories are performing well, but are also dealing with increased uncertainty. The federal government has even stepped in with stimulus packages
Mergers and Acquisitions in the Age of COVID-19 Read More »
The experience of buying or selling your business can be a dream or it can be a nightmare. In such a large transaction, it’s important that you know some things in advance. In fact, you need to know a lot in advance. The process of sharing information transparently between buyer and seller is known
Disclosure is an Important Part of Selling Your Business Read More »
Most people know the importance of staging a home before showing it, or getting a car washed before it’s sold, but few business owners do anything to increase their companies’ marketability. Some refuse to put any more effort, money, or time into the business, and they just want to move on. However, the competitive
What Makes a Business Attractive to Buyers? Read More »
