If your business can only function because you’ve been doing it for 20 years, you’ve created a great job for yourself—but a difficult business to sell.
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The Largest Driver of Value: Owner Contracts and Retention Rates
Many smaller vacation rental management companies operate with month-to-month contracts because owners believe they create flexibility.
There is a financing change happening in the small-business acquisition market that sellers need to understand. And I think it is going to have a very real impact on how Main Street businesses get sold. The new SBA SOP changes are putting more emphasis on documented equity, guaranties, collateral, valuation, repayment ability and lender protection. […]
Seller Financing: How Buyers Can Buy a Business Without Writing the Whole Check
Seller financing can help buyers acquire a business while reducing the upfront cash requirement. Learn how seller notes can structure a transaction. Seller financing gets discussed a lot. But here’s the reality: It’s not free money. 1. What Is Seller Financing? The seller accepts a note and gets paid over time. 2. Why Would a […]
10 Ways to Finance the Purchase of a Small Business
Learn 10 ways buyers can finance a small business acquisition, from cash and SBA loans to seller financing, investors and combination structures.