From business brokerage to mergers and acquisitions; we are the business sale specialists.
Hiring a business broker may seem like an unnecessary expense to a business owner who wants to see the highest return when selling their business. But according to research from industry associations the IBBA and The Exit Planning Institute, only a small fraction (10%) of businesses for sale actually sell.
Sep 2, 2020 9:33:00 AMRead Blog
The lending environment has changed recently due to COVID-19, and it is taking buyers and sellers by surprise. Underwriting timelines are being impacted and loans are taking longer to process. Banks are now less likely to flex their requirements to help people qualify for a loan. Why is this happening and what can we do?
Jul 30, 2020 4:02:49 PMRead Blog
I got a call from someone who was in the process of purchasing a business from an Uncle. The buyer would pay for the business over time with the proceeds of the business, without having to get approved for a bank loan or provide cash for a deposit. Seems like a win-win, right?
Mar 11, 2020 5:21:03 PMRead Blog
Three Reasons to Buy An Established Business and Tips For Getting Started. If you are trying to decide between starting your own or buying an existing business this blog is a must-read. Buying an existing business may be the better decision, along with a couple of tips that potential buyers should keep in mind before making a purchase.
Jan 9, 2020 9:39:00 AMRead Blog
There has never been more effort and investment being placed into disruptive technologies in almost every industry as there is today. If you want to adapt, hang out with people who are not like you, and find out what they want from your business. If you are threatened by the disruption or just plain tired, perhaps its time to turn the reins over to a new buyer with more energy.
Sep 24, 2019 12:56:08 PMRead Blog
Most people are afraid of paying too much for a business right before a recession, but there are several counter-points to this concept to consider. Poor recession predictability, lending climates, and a closer look at the alternative risks of continued employment during a recession may make a business purchase look much less risky.
Sep 24, 2019 12:32:51 PMRead Blog