Two top items a bank will want to see to consider before granting a business loan to your buyer is that the sales and cash flow trend are steady or growing, and that no one customer represents more than 10% of total sales. If there is a sales decline with a reasonable...
Two top items a bank will want to see to consider before granting a business loan to your buyer is that the sales and cash flow trend are steady or growing, and that no one customer represents more than 10% of total sales. If there is a sales decline with a reasonable...
Next to your home, your business is most likely where most of your wealth is concentrated. Most qualified financial planners would point out the value of receiving all cash at closing rather than worrying about whether the buyer will pay a promissory note as agreed....
Imagine you have decided it is time to sell your business. You know the sale has to be accomplished on a highly confidential basis, so you are considering whether you need an intermediary or business broker, but you have limited available time while you maintain your...
Statically, the average time range is eight to 10 months. Some of the factors that can reduce or increase this time frame are: When most business buyers filter opportunities they are considering, the factors they weigh are typically the geographic location, type of...
As you start the process of considering to exit or sell your business, the following are topics you will want to consider: When to sell: Discuss the past three year’s results and the realistic prospects for the upcoming years. Do you have the energy and desire to take...
