Buyer Articles

What You Need to Know About Partnership Agreements

By Steve Santens / August 31, 2022 / Comments Off on What You Need to Know About Partnership Agreements

There have been countless instances when someone has gone into business with a relative or close friend and made the mistake of skipping a formal agreement. No matter how good a friend may be, you will always want to get the terms of the partnership in writing. A partnership agreement is a vitally important document…

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A Look at the Market Pulse Report

By Steve Santens / August 10, 2022 / Comments Off on A Look at the Market Pulse Report

The Market Pulse Report Survey is a resource that has a variety of information that business brokers and M&A advisors regularly utilize to better understand the business landscape. The most recent survey was conducted April 1st to April 15th 2022 and had 360 broker and advisor respondents. It also marked the 40th edition of the…

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Three Reasons Why You Might Want to Own a Business

By Steve Santens / July 20, 2022 / Comments Off on Three Reasons Why You Might Want to Own a Business

Have you been thinking that business ownership is for you? Many people are committed to the idea of owning a business and work hard to pursue this goal. Of course, the path towards buying a business is indeed complicated and requires a significant investment of not only money but also time. As a result, you’ll…

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4 Takeaways from the Latest BizBuySell Quarterly Report

By Steve Santens / July 13, 2022 / Comments Off on 4 Takeaways from the Latest BizBuySell Quarterly Report

BizBuySell is an online resource that focuses on offering unique content that specifically addresses the needs of buyers and sellers. To make this happen, BizBuySell has teamed with a range of experienced business brokers who are covering topics relevant to business owners, buyers, and sellers. For example, they feature articles that focus on how to…

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The True Meaning of a Fairness Opinion

By Steve Santens / June 29, 2022 / Comments Off on The True Meaning of a Fairness Opinion

Many people assume they know what “fairness opinion” means because they are familiar with the term “fair market value.” Fair market value refers to a price that is reasonable for both a buyer and seller in an open and competitive market. However, a fairness opinion is quite different. This term refers to a report that…

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Is it Possible to Buy a Business Without Collateral?

By Steve Santens / June 8, 2022 / Comments Off on Is it Possible to Buy a Business Without Collateral?

When it comes to getting a loan, you can be certain that a bank will want collateral. This is true for both personal and business loans. Simply stated, if you have collateral, your bank won’t be concerned about being left empty handed if you can’t repay the loan. Many budding business owners are, in fact,…

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4 Questions to Ask Yourself Before Buying a Business

By Steve Santens / April 26, 2022 / Comments Off on 4 Questions to Ask Yourself Before Buying a Business

When in the process of buying a business, some buyers have accidentally overlooked important questions that need to be asked. However, you don’t want to find yourself in a situation where you wish you’d found out details that would have impacted your decision-making. With that in mind, let’s take a look at some often-overlooked inquiries. …

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Takeaways from the Latest BizBuySell Insight Report

By Steve Santens / April 12, 2022 / Comments Off on Takeaways from the Latest BizBuySell Insight Report

Whether you are thinking of buying or selling a business, it’s worth taking a look at the quarterly BizBuySell reports. The findings from these publications are taken from analysis of sales and listing prices of approximately 50,000 businesses across the United States. The report covers the statistics of sales prices and successful transactions. It also…

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Is Your Deal Really Done?

By Steve Santens / January 26, 2022 / Comments Off on Is Your Deal Really Done?

Once you get to the stage of your deal where you have a signed letter of intent, you may already be feeling a sense of relief that your deal is near finalization. But remember that the due diligence stage is typically yet to come. This stage includes everything from financial and legal investigations to a…

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Questions to Ask When Negotiating a Deal

By Steve Santens / January 19, 2022 / Comments Off on Questions to Ask When Negotiating a Deal

Almost every sale of a business involves a high degree of negotiation between buyers and sellers. In this article, we share some of the questions you can ask yourself to prepare for this part of the process. After all, optimal outcomes are typically only achieved through proper negotiation strategies. Keep in mind that one of…

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