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...
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....
Sell your business in South Florida; DOLAN SALES, Inc located in Fort Lauderdale, with customers nationwide, specializes in selling existing businesses and franchises. If you have considered selling your business, determining its fair market value; the knowledge,...
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....
One of the most commonly overlooked preparations for selling a business or franchise is cleaning up the financial statement of seller-specific expenses. These expenses are commonly called add-back or seller discretionary income, because they are added to the net...
