For many owners, selling their business is a new experience, and there is always the fear of the unknown. Selling a business is a not only a major economic decision,...
A contingency in the sale of a business is a condition in the contract of sale or offer that must be resolved, satisfied or rectified by either a buyer or...
The following is provided as a simple explanation of common leasing arrangements within a small business transaction. It is not intended to provide legal advice.
The New Lease
A new lease is...
The cliché is that the key to business success is: location - location - location. If you own a business in which the location is an important reason for the...
Depends on whom you are asking. If you're the seller, you might say that the asking price is too low. The buyer would say, obviously, that the asking price is...
What are the odds of your business actually selling once you have made the decision to sell? Well, if the annual sales of your business are $750,000 or less, research...
There was a study done, years ago, that showed that the reason businesses were for sale had a direct relationship to its probability of sale.
Reason for Sale
%Reason for Sale
%Probability of...
Many people who are selling their business think that once they find a buyer, the business is sold. Unfortunately, the real work is just beginning. Once a buyer is interested,...
Prepare for new management. As soon as you make the decision to sell, begin doing what you can to help the business run "on its own." The business should not,...
