Helpful Seller Tools

When selling a business, due diligence is a crucial phase where potential buyers thoroughly investigate the business to verify its value, assess risks, and ensure that everything is in order. This process involves the seller providing a comprehensive set of documents...

When it comes to buying or selling a business, two primary types of agreements can facilitate the transaction: an Asset Purchase Agreement (APA) and an Equity Purchase Agreement (EPA). While both serve the purpose of transferring ownership, they differ significantly...

What is an Asset Purchase Agreement When Selling or Buying a Business? When buying or selling a business, one of the most critical documents involved is the Asset Purchase Agreement (APA). This legal contract outlines the terms and conditions under which the assets of...

If you're considering buying a business, you might have come across the term "SBA 7(a) Loan." This type of loan, backed by the U.S. Small Business Administration (SBA), is one of the most popular financing options available to small business owners. Understanding what...

When it comes to selling or buying a business, due diligence is a critical phase that can make or break the transaction. This process involves a thorough investigation to ensure that both parties fully understand what they are getting into and that there are no hidden...

The time it takes to sell a business can vary widely based on several factors. On average, it can take anywhere from 3 months to a year to sell a business, but this timeline can be influenced by: Type and Size of the Business: Larger businesses or those in niche...

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...

Using a business broker offers several benefits to both sellers and buyers, making the process of buying or selling a business smoother and more efficient. Here are some key advantages: For Sellers: Expert Valuation: Brokers provide an accurate valuation of your...

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...

Valuing a company for sale is a complex process that requires careful consideration of various factors. Making mistakes in valuation can lead to pricing the business too high, deterring potential buyers, or pricing it too low, resulting in a loss of potential income...

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...