by Diane LoupeAugust 1, 2018 Broker professional standards, Buying a Business, education, GABB Meetings, Seller Articles, Seller FAQ, Selling a business, Small Business0 comments
Georgia Real Estate Commissioners Discuss Business Broker Licensing
GABB Board members met with Georgia Real Estate Commission officials. Front left, Deputy Real Estate Commissioner Craig Coffee. Commissioner Lynn Dempsey and GABB board member Judy Mims. Back, GABB secretary Dean Burnette, GABB President Mike Ramatowski, board member Jeff Merry and affiliate member Kim Eells. If you’re contemplating buying or selling a business in the Peach State, be...Read Moreby Diane LoupeJuly 31, 2018 Business Valuation, Buyer Articles, Seller Articles, Selling a business, Small Business0 comments
Embracing Retirement and Selling: 4 Tips for a Smooth Transition
No one works forever. Regardless of how much you love your business, sooner or later you will have to step away. Owning a business can be very demanding, especially for owner-operators of businesses. And unless you’re a zombie, you won’t live forever. So, you’ll have to embrace retirement at some point, and you may not know how to prepare to sell a business. Most business...Read MoreThe Top Two Ways to Purchase a Business without Collateral
Banks love collateral and for a very simple reason. If you have collateral, then the bank has something it can take if you fail to repay your loan. At its heart, collateral is a remarkably simple concept. However, unfortunately, many people who want to start a business lack it. All of this leads us to the simple question, “Can I start a business without a collateral. 1. Try the SBA There...Read Moreby Diane LoupeJuly 18, 2018 Financing a Business Sale, Seller Articles, Seller FAQ, Small Business0 comments
Two Ways to Buy a Business without Collateral
Banks love collateral and for a very simple reason. If you have collateral, then the bank has something it can take if you fail to repay your loan. At its heart, collateral is a remarkably simple concept. However, unfortunately, many people who want to start a business lack it, and it can be difficult to finance a business without collateral. All of this leads us to the simple question, “Can...Read Moreby Diane LoupeJuly 12, 2018 Business Marketing, Business Valuation, Buying a Business, Seller Articles, Seller FAQ0 comments
Tax Credits Can Lower the Tax Bill From Selling a Business
By Ben Zachariah, Director of Tax Credit Investments, Monarch Private Capital The sale of a business can generate substantial tax liability. But by investing or purchasing transferable tax credits at a discount, the tax burden can be reduced. Tax credits are created by governments to incentivize certain business activities that are deemed socially beneficial to communities. Historic...Read MoreFairness Opinions
Since one often hears the term “fair value” or “fair market value,” it would be easy to assume that “fairness opinion” means the same thing. A fairness opinion may be based to some degree on fair market value, but there the similarities end. Assume that you are president of a family business and the other members are not active in the business, but are stockholders; or you are president of...Read Moreby Diane LoupeJuly 12, 2018 Buying a Business, Seller Articles, Seller FAQ, Selling a business, valuation0 comments
How Fairness Opinions Protect the Sale of Businesses
Since one often hears the term “fair value” or “fair market value,” it would be easy to assume that “fairness opinion” means the same thing. A fairness opinion may be based to some degree on fair market value, but there the similarities end. Here’s what a fairness opinion is and how it could affect the sale of a business. Assume that you are president of a family business and the other...Read MoreAre You Asking a Reasonable Price for Your Privately Held Company?
You’ve spent a lifetime building up your company, so when it’s time to sell, you naturally want top dollar for it. But is your company worth what you think it is? Placing a price on a privately-held company is usually more complex than placing a value, or a price, on a publicly-held company. This is primarily because privately held companies don’t have audited financial...Read MoreExamining the Mind of the Serious Buyer – 5 Points to Consider
Are you looking for a way to perfect your presentation? Understanding what the typical serious buyer wants will help you get your business ready for selling. Let’s turn our attention to looking at what these types of individuals and entities really want. After all, your time is precious. 1. An Interest in the Industry First, prospective buyers will want to have a better understanding...Read Moreby Diane LoupeJune 19, 2018 Buyer Articles, Buyer FAQ, Seller Articles, Seller FAQ, Small Business0 comments