View from the opposite side of the Texas Rangers auction. Lesson to learn for business owners: it pays to have more than one buyer prospect interested in your company. http://blogmaverick.com/2010/08/05/chasing-the-rangers/
K&A; was contacted by a prospective buyer today asking for assistance in putting together his personal financial statement. This document is important for a buyer to compile not only to provide a bank in applying for a loan, but also important for demonstrating financial capability to the business seller and establishing credibility to any offer […]
Good advice for business buyers, especially first-timers. A good broker will be happy to assist you in the process — if you let him! http://blog.bizquest.com/2008/09/why-buyers-need.html
On March 2nd the President signed into law a temporary 30-day extension of the SBA Recovery Act provisions with a $60 million appropriation. The 30-day extension provides increased government guarantees and the elimination of fees on small business loans. http://www.whitehouse.gov/the-press-office/statement-president-obama-signing-ui-extension-bill Here are a few thoughts on the current state of government-backed financing: More and more […]
The author says it’s a “buyer’s market”, but with lower deal flow it is also an excellent time to sell a company. Good companies for sale today have the attention of a higher number of serious buyers. http://www.inc.com/magazine/20090601/a-buyers-market-what-is-your-business-worth-now.html