Main Street-type transactions are typically smaller-scale deals involving the sale or acquisition of small businesses, often conducted within the same local community. These transactions may include the purchase of a restaurant, a retail store, a small manufacturing business, or a local service provider. The due diligence process in Main Street transactions is more straightforward and less complex compared to M&A transactions, owing to the relatively smaller scope and scale of the businesses involved.
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What is a letter of intent and when is it appropriate?
LOI are the preferred tool for larger deals….why? Well the contracts are that are standardized are generally not going to work for the complexity involved. That being said in my opinion they afford the buyer the most protection as they are not binding. Smart sellers at the Main Street level will incur more legal fees
How to sell your business in greater Tampa Bay?
HOW TO SELL YOUR TAMPA BAY BUSINESS TODAY For over 40 years Transworld Business Advisors has been the leader in selling businesses in Tampa Bay. Born in Florida and headquartered here, we are the worlds largest business brokerage and year over year deliver the best outcomes for business owners looking to sell their business. We […]