A $900,000 acquisition may require about $98,000 in buyer equity. The numbers become less comfortable once the seller’s work, ageing vehicles, and monthly loan payments enter the calculation. A plumbing company producing $300,000 in annual owner earnings might carry a…
A franchise has come into the market for $900,000. Same address for six years. Staff staying on. A seller with tax returns that match what actually showed up in the bank account. A lender looking at that file has a…
January 20, 2021 was cold and mostly empty in DC. The pandemic had everything locked down, but when Michelle Obama walked out in that plum Sergio Hudson suit with the wide belt, the internet broke. Later that night, Kamala Harris…
Your first business does not have to begin with an empty shop, an untested location and several months of expenses before the first meaningful sale. It could begin with staff already working, customers already buying and accounts showing exactly what…
The next owner of a small American business may first hear about it from an accountant, a supplier or a commercial banker. By the time the company appears on a broker’s website, other prospective buyers may have spent months studying…
