Buying a business can be quite confusing especially when it comes to agreements, contracts, and the titles that go along with them. You may have heard someone use terms like term sheet, letter of intent, offer to purchase, and purchase agreement. They all sound similar, but are they? What exactly is the difference between an…
Archive for the ‘Blog’ Category
What is the Difference Between a LOI and an OTP?
Tuesday, May 14th, 2019
How Long Will It Take to Sell My Business?
Monday, April 22nd, 2019How To Sell My Business Fast There are many factors that influence how long your business is on the market. Some factors cannot be controlled, such as the current market condition. However, there are many factors that the seller has control of: Asking price in relation to profit Transparency of the financial information Diversification of…
Is Selling A Business Like Selling My House?
Monday, April 22nd, 2019The short answer is no. Business owners are often looking to sell their business in the shortest amount of time possible. The sale of businesses is often compared to real estate sales and the expectation is often that the business will sell within a 30-60 day time frame. This is not an accurate comparison or…
More Offers Means More Money for YOU!
Monday, April 8th, 2019It can be quite flattering when a Private Equity Group, or a client of your CPA or attorney makes an offer to buy your business. However, by accepting their offer, you are potentially missing out on many more offers that could drive up your selling price. Here is What You Need to Do: Take…
2019 is the Year to Buy a Business!
Monday, March 25th, 2019When thinking about becoming your own boss, you may have not considered buying an existing business. Buying an existing business can mean gaining access to new technology, territories, and products that would otherwise take years to grow and develop. In 2018, the financials of small business for sale reached record highs, enabling sellers to ask…
Things to Do Before You Buy a Business
Monday, March 25th, 2019Looking to become a business owner? Before you buy a business, it’s important to be prepared. Gateway Mergers & Acquisitions is an established North Texas firm of experienced business brokers. As industry experts, we’ve compiled a concise checklist of key precautions or questions to prepare ahead of time: Before You Buy a Business… Get help…
Keys to Selling a Business: Will Your Business Be Ready to Sell?
Thursday, February 28th, 2019Selling a business can be one of the most important events in a business owner’s career. It’s a high-stakes transaction that has the potential to yield great rewards financially and emotionally. However, selling a business also can be a complex and mentally draining process. Even the most successful and experienced business owners may find themselves…
What Do Buyers Look For When Purchasing a Business?
Tuesday, June 20th, 2017Business Owners, who are looking to sell their business, often ask about the type of person looking to buy a business. In summary, today’s business buyer is a first time buyer who is looking to replace their current job, but is not a risk taker. If you are interested in a full analysis of Today’s…
How Gateway Brokers Screen Potential Buyers
Friday, December 9th, 2016No one wants to waste time with “tire kickers.” At Gateway Mergers & Acquisitions, we screen potential business buyers. We make sure they have the right skill set and financial capabilities to acquire your business. Your business’ identity and summary financial information will remain strictly confidential until buyers have passed through the screening process and…
Life After I Sold My Business
Friday, November 18th, 2016The story continues… At Gateway, we have helped thousands of business owners pass on their legacy of success to another business owner. Today on the Gateway Blog, we wanted to continue to share Mark’s business success story. In the last blog, Mark was able to successfully sell the landscaping business he built up for 26…
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Gateway’s brokers are always willing to assist business owners and prospective business buyers with education, resources, and guidance through the process of buying and selling businesses. We are here to answer any questions to make the selling & buying process a smooth transition. Call or Email for a free consultation.