The first logical question is what is owner financing? In the most basic terms, Owner financing is a loan given to a Business Buyer that comes from the revenues of the business. The rest of the purchase price is covered by the Buyers down payment and other financing. While not always necessary, the majority of…
Archive for the ‘Selling a Business’ Category
Seller FAQs: Owner Financing
Monday, March 14th, 2016
Seller FAQs: Time
Monday, March 14th, 2016Business owners are often looking to sell their business in the shortest amount of time possible. Because the sale of businesses is often compared to real estate sales, the expectation is often that the business will sell within a 30-60 day time frame. This is not an accurate expectation, and thus, it can take…
Seller FAQs: Determining Business Value
Monday, March 14th, 2016The process to determine business value is both an art and a science. Ultimately, the most accurate value is the amount a buyer is willing to pay for the company and the Business Owner is willing to accept, when neither party is under duress. How Do I Determine the Value of My Business? The first…
Seller FAQs: Confidentiality
Tuesday, March 8th, 2016While 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 you did…
Building a Winning Team
Monday, March 7th, 2016As a Business Owner, you are a problem solver, a negotiator, and an expert on your business. Therefore, it would be reasonable to assume that you would be more than capable of handling the sale of your business. After all, it’s just like selling a house right? No Way! Selling your business is NOT the…
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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.