If you have made the decision to sell your business, the wisest first move is to contact a qualified business broker professional, who can . . .
Advise you on pricing and structuring the sale of your business.
Prepare the marketing strategy, using professional resources.
Determine the right buyer for your particular business.
Educate buyers in the business-buying process.
Keep you informed...Read More
There still aren’t too many ways to finance the purchase of a business. Here are the primary methods:
Buyer Financing
Some buyers may have the cash available to purchase the business. Some may elect to use the equity in their residence, or other real estate. Others may have other assets that they can sell or borrow against.
Bank Financing
Banks may lend against a buyer’s assets as...Read More
Business owners who want to sell their business are often told by business brokers and intermediaries that they will have to consider financing the sale themselves. Many owners would like to receive all cash, but many also understand that there is very little outside financing available from banks or other sources. The only source left is the seller of the business.
Buyers usually feel that...Read More
Where can buyers turn for help with what is likely to be the largest single investment of their lives? For most small to mid-sized business acquisitions, here are the best ways to go:
Personal Equity
Typically, anywhere from 20 to 50 percent of cash needed to buy a business comes from the buyer and his or her family. Buyers who invest their own capital (usually an amount between $50,000 and...Read More
The epidemic of corporate downsizing in the US has made owning a business a more attractive proposition than ever before. As increasing numbers of prospective buyers embark on the process of becoming independent business owners, many of them voice a common concern: how do I finance the acquisition?
Prospective buyers are aware that the credit crunch prevents the traditional lending...Read More
