Archive for the ‘Buyer FAQs’ Category

Buyer FAQs: Confidentiality

Thursday, March 17th, 2016

While many people compare selling a business to the sale of real estate, there is one very significant difference: Confidentiality. Think about it this way: when you are selling your house, you put a big sign out in front of your house in order to attract as much attention as possible. If a seller did…

Buyer FAQs: Short Questions

Wednesday, March 16th, 2016

Short Answers Business Buyers have many questions and we do our best to answer all of them. Here are some questions that Gateway Brokers and Intermediaries get often but that’s do not really fit into a category or have short answers.  Why should I buy an existing business? There are 8 primary  reasons to purchase…

Buyer FAQs: Closing Process

Wednesday, March 16th, 2016

After drafting and sending a Letter of Intent or Offer to Purchase, if accepted by the seller, the closing process can begin. Closing a business is a complicated process and involves several types of paperwork. Many Business experts recommend working with a professional closing organization and a professional closing officer. While you will only buy…

Buyer FAQs: Negotiations

Wednesday, March 16th, 2016

Negotiations for buying a business can be very stressful. Even those with experience in negotiating may feel they are unprepared to negotiate the purchase of a business. Here are some things to keep in mind during the negotiation process, according to Entrepreneur Magazine. Price is not Everything: The terms of the sale matter and should be…

Buyer FAQs: Utilizing Gateway

Tuesday, March 15th, 2016

The professionals at Gateway MA can be of service to buyers as well as sellers. There are several reasons for utilizing Gateway as a buyer: We save you money: Our services are paid for by the seller. We save you time: Since we already know what businesses are available, we can guide you towards a…

Buyer FAQs: Down Payment

Tuesday, March 8th, 2016

One of the most common questions that our brokers get asked is: How much will I need for a down payment ? This amount will vary based upon a series of factors: Type of Business Seller’s Situation Buyer’s Down Payment Ability Typically speaking, the higher down payment offered by the buyer, the lower the total…