Negotiating the sale of a business
Negotiating the sale price of a business requires give and take. Be creative and reasonable and any deal is possible.
Buying a Business Newsletter - Page 28
To buy a business be proactive
Buying a business takes time, effort, concentration, and persistence. Be proactive. This keeps a seller engaged and the process moving forward.
Ideal Business and Price
Understand your ideal business and price before you begin shopping for a business.
Financial Reports
Well organized financial reports can result in a smoother financing process. Have your finances in order before you make an offer.
Finance the Purchase of as Exsisting Business vs Start-Up
It can be easier to finance the purchase of an existing business than finance a start-up. Lenders like historical data that shows stability and growth.
Take Your Time
Main Street businesses average 18-22 months from listing to closing. Take your time and find the business that meshes with your strengths and experience.
