1. “I can buy a business with no money down” – It’s not 2007 anymore and the days of financing 100% of the purchase price are over. In today’s economy, you will be required to inject equity into the transaction equal to 20% – 25% of the purchase price. If you are not capable of [...]
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Tags: Buying a Business
When buying a business, minimize your total cash outlay and future tax liability by carefully classifying the efforts of the seller post-closing. In most instances, when buying a business, you will require the seller to remain with the business in some capacity and for a specified period of time while you become acclimated to the [...]
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Tags: Buying a Business