by Alex Khabbaz | Jul 28, 2024 | Helpful Tools
A Letter of Intent (LOI) in the context of buying or selling a business is a formal document that outlines the preliminary understanding between the buyer and the seller before the finalization of the transaction. It serves as a framework for the negotiation process...
by Alex Khabbaz | Jul 28, 2024 | Helpful Tools
This is an especially hard question to answer on your own. Especially if you’ve never hired a business broker before. Most first time sellers make the mistake of hiring a broker that is maybe “flashy” or promises the world. Choosing a broker because of his promises or...
by Alex Khabbaz | Jul 28, 2024 | Helpful Tools
There are several reasons why business owners may struggle to sell their business: Overvaluation: Owners often overvalue their business due to emotional attachment or unrealistic expectations. This can lead to a lack of interest from potential buyers. Poor Financial...
