Time is the biggest killer of transactions. Having a plan and being prepared will enable you to seize the opportunity when the opportunity presents itself. A Seller not being prepared to respond can be interpreted as the Seller not being motivated, and not worthy of...
Unless a potential buyer has overwhelming financial strength, an SBA loan guarantee will be needed to secure long-term financing. To prevent losing momentum in the sales process and having the potential transaction blow up with a failed attempt, being successful with...
Banks will look at the last federal tax return to validate the profits of the company. This means that, as you approach the time to put your business on the market, preparation is essential. At year-end is not the time to start this process – you have to start as...
For the seller to get all cash at closing, having the business qualify for bank financing is the most common technique. To qualify for a bank loan, you have to assure the bank that there is sufficient profit to repay the loan and pay the buyer a reasonable salary....
Once you have established a fair market value for your business based on your local market, the next step is validating the price to meet SBA Loan Guarantee requirements. This is done in part by calculating what the total package will cost, including the buyer’s...
If you have considered selling your business, determining its fair market value; the knowledge, experience and discretion of Dolan Sales, Inc. will be valuable assets in your endeavor. Please call Bob Dolan, CEO, directly at 888-893-6661. View Bob’s profile on...
