Drowning in business debt!?! Even when a company’s sales start increasing, debt can eat away at the profits… More and more small business owners are finding that profits are going to servicing their debt and keeping their business operational. In such cases, an option is to sell the business through a short sale. Especially if [...]
There are many factors that affect the sale and saleability of your business. Be prepared to address all of them with your broker and with your buyers.
I recently participated in a Webinar on How to Buy a Business by industry expert Richard Parker (Diomo.com) and one of the topics discussed really hit home for me… There are 4 qualities of a business that will help a new small business succeed with his new purchase. The 4 components can be remembered with [...]
