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A Deeper Look at Seller Financing

Buying a business requires a good deal of capital or lender resources.  The bottom line is that a large percentage of buyers don’t have the necessary capital or lender resources to pay cash and that is where seller financing comes into play.  The fact is that seller financing is quite common.  In this article, we […]
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Around the Web: A Month in Summary

The recently published Axial article entitled “How Customer Due Diligence Led to a 30% Reduction in Offer Price” explains how important the due diligence process is for a prospective buyer during a business transaction. The author goes in-depth into a case study that demonstrates how proper due diligence can save a bad deal from coming […]
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Your Company’s Undocumented Worth

The valuation is a major factor that influences the overall selling price of the property.  Business appraisals are based upon a multitude of criteria and indisputable records such as comparables, projections, discount rates, EBITDA multiples, and more.   While the appraiser may have all the information he or she needs, the business elements might be […]
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What is Really in the Mind of Your Buyer?

It is always important to try and put yourself “in the other person’s shoes.”  This fact is of paramount importance when dealing with prospective buyers.  Thinking like a prospective buyer could, in fact, be the difference between selling your business and not selling your business.  Yet, it is important to continue to put yourself in […]
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Does Your Asking Price Truly Matter?

It is no great secret that sellers often aim high.  The logic sellers use is simple, “I can always reduce my price.”  While that is true, sellers do need to remember that if the asking price is initially too high, buyers won’t even take a serious look.  In short, your selling price must be bound […]
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Strong Selling Points: Let Your Strengths Work for You

“Independent business owner” is a phrase with two meanings.  Of course, it means being the owner of an independent business.  But another way to look at “independent business owner” is to let this phrase define the very personality of the person at the helm.  Independent.  Confident. Self-assured.  Strong-willed.  These are vital entrepreneurial attributes, but, ironically, […]
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What Are Your Company’s Weaknesses?

Every company has weaknesses; the trick is to fix them.  There is a saying that the test of a good company president or CEO is what happens to the company when he or she leaves.  Some companies–on paper–may look the same, but one company may be much more valuable due to weaknesses in the other […]
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