Sell a Business: How will you Invest the Money from the Business Sale
Selling a business may seem like the end of a long, long journey, but what are you going to do with the sale proceeds? You could put all of that money under your mattress, put it in a low-earning savings or IRA account, or even invest in the stock market. I have many financial planners do a really […]
Common Fears & Myths When Selling a Business
As a Dallas business broker, I get a front row seat to all of the emotions, fears, and misconceptions of business sellers about the sell process of selling a business. Every day sellers complain, lament, excuse, and hem and haw about why they do not want to even consider financing the sale of their business. […]
Five ways to Guarantee payment when financing the sell of your business
One of the top reasons that business sellers don’t want to consider seller financing as part of the sale package of their business is the myth that with seller financing, there is no guarantee they will get their money back. Actually, there are five guarantees you will get paid, one of which will be discussed here […]
Finding the Right Buyer for Your Business, Part 1
The Power of Matchmaking when selling a business “How Do I Know if They Have the Experience to Run the Business?” – can be asked in a number of different ways, but the message is virtually the same: how can I be sure I’m finding the right buyer for the right company at the right […]
Finding the Right Buyer when selling a Business, Part 2
Finding “a buyer” for your business is not a problem. Our firm, for example, has a database of THOUSANDS of prospective business buyers looking for the right business to buy. Finding the “right buyer” for your unique business, however, is a much more detailed process, but well worth the quest. Experience, the right experience, is worth its […]
Finding the Right Buyer for Your Business, Part 3
Ensuring your business buyer can and will pay you Transferring your business to another owner is simple if you don’t care who buys it or what they will do after the sale. However, with seller financing not only being a common part of a business sale package, and the way to optimize your financial return […]
Protecting The Seller Note When Selling a Business
You have pride in your business, in what you have created and built over the years. When you sell your business, you do so wanting to see your company survive and thrive. There are more reasons too for not wanting a buyer to run the business into the ground, especially if you as the seller […]
How “Turnkey” Is Your Turnkey Business?
Are you getting ready to sell your business, but worry that a buyer may flounder and run the business into the ground as soon as you walk out the door? Is that one of the reasons why you are hesitant to even consider seller financing as a part of the overall sales package? If you […]
Financing the Sale When Selling a Business: Myths
Discarding Myths, Fairy Tales and Urban Legends About Seller financing when selling a business. Have you heard the one about the traveling salesman who goes out to a bar for a nightcap and wakes up in his hotel room with stitches on his lower back – and his kidney missing? Such urban legends – others call them […]
Repossessing Your Business After a Sale: Not as Bad as You Might Think
One common fear among business sellers considering seller financing when selling a business is the possibility, no matter how slight, that the buyer will default on the seller’s note and they will have to repossess the business and go through the entire sale process again. It’s a fair enough concern. After all, if you DID want to take […]
