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...
The most important reasons to complete this task before year-end are: 1. Every dollar you can add to your profit is worth a multiple of two to three-and-a-half times that amount when establishing the price of the business. So, pay the earned income tax at whatever...
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...
