Prequalifying Your Business for Bank Financing in 10 Minutes
70% of small business sales involve some form of seller financing. Less than 5 to 10% of business sales involve bank financing. Why is bank financing so hard to get? How do I know if my business...
View ArticleBrokers that lie and say they have a buyer for your business
“I have a buyer” A broker called me and said the magic words “I have a buyer”. What should I do? Do you think they really have a buyer? Do I have to pay them a fee? What should I do? Say this “That is...
View ArticleA Lazy Man’s Secret Recipe for Selling a Business the Easy Way
Do you want to know the secret of selling your business the easy way? Are you getting frustrated dealing with buyers just asking for “more information”? Are you tired of buyers who inquire about your...
View ArticleThese 2 Deal Killers are Responsible for the Death of over 50% of All Deals
There are two deal killers that kill more than half of all deals. What are they and what can you do to fight them? Deadly deal killer # 1 Throw out the abacus and start using QuickBooks. Keep your...
View ArticleWhen to Release Confidential Information to a Buyer
What documents should I show to buyers before receiving an offer? So you are talking with several interested buyers and a few of them asked you for tax returns and bank statements and some other...
View Article62 Reasons to Hire a Broker
Reasons for Sellers Hiring Brokers Access broker or advisor’s database of potential buyers and investors Advertising run and paid by broker Affiliated brokerage or advisory offices may attract more...
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I can’t decide if I want to buy this Business
I found a business I like but am not sure if this is the business I really want to buy. What should I do? Am I making the right decision? I am not sure if this is the right business, what should I do?...
View ArticleInvesting in New Equipment When Selling a Business
Should I buy new equipment before I sell my business? As a general rule, you should not invest in new equipment or other hard assets when in the process of selling your business, unless it immediately...
View ArticleHow to Increase the Value of Your Business by Paying Off Equipment Leases
Should I pay off my equipment lease before putting my business on the market? Deciding to pay off your equipment lease before selling your business is primarily a mathematical decision with one...
View Article7 Bulletproof Steps to Sell Your Business Fast
Selling a business is a complicated process. Following a plan simplifies the process and increases the chances of a successful sale. If you want to sell your business fast, then you must follow a plan...
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