Friends and Family: A Financing Option
The first job facing many prospective business owners is rounding up the cash necessary to make the purchase. They may […]
Financing the Deal
Financing the Deal
Venture Financing: The Hard Facts
Government financing and venture capital financing account for less than one percent of all new business financing. Sixty-seven percent of
Selling a Business
Key Items Necessary for Selling a Business
Three years of profit and loss statements Federal taxes for the same three years Current list of fixtures and equipment
Selling a Business
What Makes a Business Unique
Most business owners think that their business is unique. There are obviously many different attributes that can make a business
Selling a Business
Are You Serious?
There are three good questions to consider before selling your business. First, “Do you really want to sell this business?”
Selling a Business
What Sellers Can Do
In addition to using a business broker, there are specific steps you can take to increase the chance of a
Selling a Business
And a Letter of Intent Is…
The Letter of Intent (LOI) is a pre-contractual written instrument prepared by the buyer for the seller, which is usually
Selling a Business
Selling Your Business? Not So Fast
Most individual company owners only sell one business in their lifetime. A corporate buyer, however, may have been involved in
Selling a Business
Why Deals Fall Apart
There are lots of reasons why the sale of a business falls apart. The reasons can be grouped into four
Selling a Business
Pre-Sale Tuneup
Business owners are often asked, “Do you think you will ever sell your business?” The answers vary from: “Only when