When selling a business, typically, the purchase agreement will have a stated time during which the buyer may perform their due diligence. On small transactions,
Category: Seller Articles
Since the goal of owning a business is to earn money, and buyers are seeking income, most businesses are sold for a multiple of earnings.
You have spent years, maybe decades, building your business to one day sell the business and retire. Now, the time has come. You (hopefully) have hired a great business broker and are excited that you have a lot of interest from several different buyers. But hopefully, your business broker has the experience to make you aware of the pretenders…..
Decades ago, obtaining funding to buy a business was nearly impossible. Back in the “old days,” mainly seller financing enabled business buyers to purchase a business. SBA loans were almost impossible to obtain.
You have worked hard over the years to build a great business. You have increasing revenues, great profit margins, a diverse customer base, and now, you are ready to sell your San Diego business. You have done everything right to create as much value as possible in anticipation of selling your business.
First, what is meant by an “absentee-run business?” In the world of business brokerage, it means a business that employees run, and the owner is
A business broker is an individual or company that assists in purchasing and selling a business. Often business brokers handle main street businesses, valued from
As long standing professional San Diego business brokers, we are often asked what the hottest types of businesses to buy are. Here is a brief