A vast majority of business deals ought to be done with a business broker.  However, if you have a deal where there might not be enough money in the sale to pay off liabilities, or even cover the fees for the broker for that matter, here is a brief over view of how you might want to approach this situation.

So, you’ve agreed to commit to the undertaking of purchasing a business, but you still need to make it official – you need to sign the purchase. It is a legal agreement that makes clear all the details of the sale.

The field of business valuation can appear complex and complicated – with its many different methods of arriving at the worth of a company.  If you’re a business owner interested in buying or selling a business, this little list might come in handy whenever other owners and brokers start throwing around this foreign terminology.

Whether you’re selling or buying a business, it can prove to be daunting task.  Because there are certain procedures you must follow and documents you must complete, in most cases, it’s vital that you seek the help of an intermediary that specializes in buying and selling.  They will be able to guide you through this overwhelming process.

When you’re faced with an interested buyer, you ought to be prepared to answer the most obvious question: “why are you selling your business?”  Whatever the reason maybe, in most cases, it’s best to be truthful.  If the buyer later finds out it’s actually a different reason, it will most likely ward them off.  So, honesty is key.  Here are the top 7 reasons (in no particular order) why people sell their businesses:

Here in Atlanta, like in most other places, the task of buying or selling a business can prove to be a tough hill to climb.  Nevertheless, with a little inside information, you stand a better chance at coming out on top, whatever your particular venture might be.