Risk vs. Reward
The risks of buying a business are great. That’s one reason that our Broker Service Acknowledgment form that potential buyers have to fill out clearly states that there is risk associated with buying a business. The question that buyers need…
Full ArticleCritical Buyer Issues
When looking for a business to buy we find there are a number of issues that need to be addressed and faced during the process. Buying a business isn’t easy, nor should it be. Determining the right business, at the…
Full ArticleTransferability is the Key to a Successful Purchase
There are many questions to be answered by a prospective buyer when considering the purchase of a business, a few of the most important being: Is it a good fit for their interests and skills? Does it generate enough cash…
Full ArticleSteps in Buying a Business – Part 1
The purchase of a business is one of the most important and risky transactions a person can go through. There are many steps that a prospective buyer must go through for the transaction to be successful. Anyone who has done…
Full ArticleNDA Documents – They’re Important
If you respond to one of our listings, be prepared to complete all the documents we send to you. When we send out our Non-Disclosure documents to folks who inquire about one of our listings I’m always amazed by how many…
Full ArticleBuilding Trust Is a Key to Winning the Deal
Occasionally, we run into prospective Buyers who think they have all the leverage and are condescending and combative throughout the acquisition process. Other times, we have Buyers who need Sellers to commit to providing some financing via a seller note…
Full ArticleMaking a Contingent Offer
What is a contingent offer? An offer based on the information provided by the seller, and or, broker, prior to having performed due diligence. The contingencies protect a buyer and allow the buyer to make an offer early in the…
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