Surveys have shown that a seller who asks for all cash, receives on average only 70 percent of his or her asking price, while sellers who accept terms receive on...
When a buyer is sufficiently interested in your business, he or she will, or should, submit an offer in writing. This offer or proposal may have one or more...
A buyer will want up-to-date financial information. If you use accountants, you can work with them on making current information available. If you are using an...
Business brokers are the professionals who will facilitate the successful sale of your business. It is important that you understand just what a professional...
It generally takes, on average, between five to eight months to sell most businesses. Keep in mind that an average is just that. Some businesses will take longer to...
It may be advisable to have an attorney review the legal documents. It is important, however, that the attorney you hire is familiar with the business buying...
A professional business broker can be helpful in many ways. They can provide you with a selection of different and, in many cases, unique businesses, including many...
When you find a business, the business broker will be able to answer many of your questions immediately or will research them for you. Once you get your preliminary...
Certainly, you need adequate capital to buy the business and to make the improvements you want, along with maintaining some reserves in case things start off...
Obviously, you want to consider only those businesses that you would feel comfortable owning and operating. “Pride of Ownership” is an important...
Generally, at the outset, a prospective seller will ask the business broker what he or she thinks the business will sell for. The business broker usually explains...
There have been many surveys taken in an attempt to answer this question. Most surveys reveal the same responses, in almost the same identical order of priority....
