When you buy rather than start from scratch, you avoid the painful, costly headaches that mark the birth of many new companies.
With bank loans for small business purchases now harder to come by, your deal structure may require up to 20% in seller financing.
Out of every ten businesses listed for sale, only five will get an offer, only two will sell, and only one will sell on the seller’s terms.
During due diligence, you’ll get exclusive access to the business books and records so you can scrutinize the company’s every detail, leaving no stone unturned. Though due diligence can take weeks or months, every second you spend is usually well worth the effort.
No two sellers have the same goals. Here’s how to structure the sale of a small business to negotiate a profitable deal that meets your needs.
Buying the wrong business can have disastrous consequences. Here are 5 questions to ask when buying a business, to evaluate whether it’s right for you.
Preparing to sell a business means 1) getting your company ready for sale and 2) preparing yourself for a big personal transition. Here’s how to do both.
Choosing the best business to buy is one of the most important decisions you’ll ever make. Follow these 3 tips to avoid making a choice you’ll regret.
A business sale can take 8 to 12 months. And only 1 out of 10 business owners sell on their terms. Here are the steps in selling a business successfully.