Typically businesses are purchased with a down payment and the balance funded as a loan from the seller, a financial institution or a combination thereof. About 10% of purchases are for all cash … more

Having dealt with hundreds of purchasers and sellers over time I can tell you that the types of personalities who purchase and successfully run businesses varies tremendously. I do believe, however, … more

Even though the size of businesses varies the criteria that makes businesses desirable is basically the same. Some of these criteria are: Longevity of the business. Has it shown proven profitability … more

Are you interested in owning the assets or making money? If the answer is to make money then you must realize that people buy businesses for the cash flow stream they generate. Buying a solid … more

You definitely should be worried. There is a very real danger of your concerns becoming a reality. Your contract for purchase should contain a very well worded non-compete clause which will take the … more

As a business broker I hear this question fairly often. My answer is "Why would anyone want to sell a good house or a good car...because something has changed." The owner may be ill or ready for … more