The best buyer for your business may not be the buyer that offers the highest price. Business sellers can become so focused on the offering price for their business that, at times, they will overlook a number of other factors that may prove more significant in the deal than the actual price. For example: 1. [...]
[Read more →]
Tags: Selling a Business
Lenders typically look for multiple sources of repayment to satisfy any business loan. These sources may range from the cash flow of the business, to the liquidation value of the fixed assets, additional sources of revenue to the buyer not attributable to the business and personal guarantees from the buyer and the buyer’s spouse. [...]
[Read more →]
Tags: Buying a Business