Browse 25 articles tagged with Buying or Selling a Business.
Closing day isn't the finish line. It's the starting line. If you're wondering what to do after you buy a business, the first 30-90 days are critical. You need to transfer ownersh…
Buying out a business partner is one of the most common, and most emotionally charged, business transactions. Whether you're parting ways amicably or dealing with a difficult situ…
Buying a franchise is different from buying an independent business. You're not just acquiring assets and customers. You're entering a legal relationship with a franchisor that go…
The SBA 7(a) loan program is the most common financing tool for small business acquisitions. The SBA doesn't lend money directly, it guarantees a portion of the loan made by a par…
Seller financing is one of the most common ways to fund a small business acquisition. The seller agrees to receive part (or all) of the purchase price over time instead of getting…
Not every business acquisition is funded by a single bank loan. In practice, most small business deals use a combination of financing sources, and the more creative you are about…
"Buy a business with no money down" is one of the most searched phrases in business acquisition. It's also one of the most misleading. Can you buy a business without putting up ca…
The asking price is where negotiation starts, not where it ends. In most small business acquisitions, the final deal looks meaningfully different from the initial offer, and not j…
A Letter of Intent (LOI) is the document that moves a business acquisition from "interested" to "serious." It outlines the basic terms you and the seller are agreeing to before ei…
Not every business for sale is a good deal. Some are overpriced. Some have problems the seller isn't disclosing. And some look like problems on paper but are actually excellent op…
The purchase price is just one part of what you'll spend when buying a business. There are legal fees, due diligence costs, financing charges, license transfers, and working capit…
Some business buyers try to handle the transaction themselves to save money. They download a template purchase agreement, skip formal due diligence, and hope for the best. Sometim…
An Asset Purchase Agreement (APA) is the legal contract that governs the sale of a business. It defines exactly what you're buying, what you're paying, and what protections each s…
Due diligence when buying a business is the investigation you conduct after signing a Letter of Intent but before committing to the purchase. It's your one chance to verify the se…
Buying a business is one of the fastest ways to become a business owner, but the legal side of the transaction is where deals succeed or fall apart. A bad contract, missed liabili…
You’ve found the perfect small business to buy, maybe an absentee-owner gas station, a local auto shop, or a cozy café. The broker sends over some initial point-of-sale reports an…
Buying an existing business can be a fast way to become an owner. It can also be a fast way to inherit expensive problems if you skip the legal and financial checks. This guide gi…
One of the biggest questions any business owner faces when thinking about selling is, "How much is my business worth?" It’s an important question, and the answer can feel elusive—…
Are you eager to sell your business and wonder how much you'll get for the sale? Before you get too far into the process, don't forget that it costs to sell your business. If you…
If my business is dissolved, do I stop owing money right away? And what do I do first? https://www.youtube.com/shorts/JCA-3ZFzwkQ Many businesses cease operations for various reas…
Is buying an existing business better than launching one? Forbes claims that “half of all businesses fail in their first five years.” This statistic highlights the risks involved…
With the chance of the economy bounce back, smart business folks are looking at ways to buy or sell businesses. As the economy gears up for a potential boost, what business decisi…
Ever heard of the saying "Buy low, sell high"? It's not just a catchy phrase – it generally refers to making strategic decisions within the business context. This could involve al…
Why would you buy an existing business and not launch a new one? Find out! Buy a business or launch one? Doesn’t every real entrepreneur launch their own business? No. Not everyon…
Selling your business is exciting and scary. The dream of a big check captures many founders’ minds. Sadly, deals often fall through or are far more difficult than necessary. Matt…