What do you do as a business owner if your business is in an impossible situation and is taking you down with it? Depending on the ownership structure, you may be able sell it in what essentially looks like a real estate short sale or otherwise known as a “pro rata escrow”. If your business [...]
To help a small business seller understand how buyers value businesses, I like to use this analogy. If you bought a nice car fifteen years ago and took very good care of it, chances are that it looks pretty much how it did when you bought it. It still runs great and does the job [...]
Selling a small business is not easy. The first thing to acknowledge is that no matter how successful you have been in running your own business you probably don’t know the first thing about what it is going to take to sell your business and get the best price and terms for it. A seasoned [...]
If the number one rule in business is to buy low and sell high then now is a terrific time to buy a business! 2009 was a rough year for the overall economy. Businesses across the board showed revenue declines that haven’t been seen in decades. Many business owners who were planning on selling their [...]
Author
Kendric Foultz is a Certified Business Broker with BizEx Business Sales and Acquisitions, located in the Los Angeles area. He brings his 20+ years of business experience to help you realize your goals.
Kendric recognizes that to sell your business or to help you buy a business, you need someone who fully understands your situation and who will actually take the time and do the work to help you achieve your goals. Kendric is committed to providing you the highest level of professionalism possible. He is a member of both the California Association of Business Brokers and the Southern California Business Broker Network.
Thinking of selling your business? Give Kendric Foultz, BizEx business broker a call for a free business evaluation and confidential consultation. Thinking of buying a business? Kendric has the expertise to help you buy that business and support you throughout the process.
