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
Great news for Minnesota startups. Governor Walz signed the Omnibus Tax Bill which reinstates the Angel Tax Program with up to $10 Million in credits.
Jun 27, 2019 5:50:00 AMRead Blog
Selling your business requires more skill than luck. Sellers can prepare by knowing what buyers are looking for. Contact a Business Broker for help.
May 18, 2019 2:43:29 PMRead Blog
Franchise re-sales offer several advantages compared to starting a franchise from scratch. Each franchise will have advantages and disadvantages compared to non-franchise businesses which must be weighed by the buyer. As in any business purchase, the purchase price is important for future returns on investment, and the reason for sale can influence the negotiations and ultimate sale price. Franchise re-sales can take a little extra time for the franchise related sale requirements.
Apr 30, 2019 7:41:59 AMRead Blog