Willard Michlin
Why Are Non-Disclosure Agreements Used When Selling a Business?
This question is one that often comes up during the sale of a business. Prospective buyers have felt that the use of a non-disclosure agreement was questioning their honesty and integrity.
Date Posted: August 07, 2007
What to Look at When Buying a Body Shop
So you think you want to buy a body shop? A body shop can be a great investment if you have the skills necessary to make it work, and are willing to do the business actions necessary to bring in the business and keep the business profitable.
Date Posted: August 07, 2007
Sanity Check - Buying a Business
In the business broker community there is a review process that helps a buyer determine if a business purchase makes sense or not. This check can be done by a Fortune 500 company where everything is figured down to the penny and takes 1000 hours of...
Date Posted: August 07, 2007
If You Don't Ask, The Answer Is Always No
It is always interesting to me that a buyer or agent will call me up and ask me, as the listing broker, if the seller is flexible on the price. The more aggressive ones will even be so bold is to ask me “How low will the buyer go down in...
Date Posted: August 07, 2007
How to Appraise a Business
There are many different ways to work out the value of a business. For the small to mid-size business, there are 3 main approaches that are used more than others. These are the Income value, Market value and the Asset value.In brief, these would be...
Date Posted: August 07, 2007
How Is the Value of a Business Worked Out?
There are many different ways to work out the value of a business. For the small to mid-size business, there are 3 main approaches that are used more than others. These are the Income value, Market value and the Asset value.In brief, these would...
Date Posted: August 07, 2007
Financing a Business
The financing of a business is a relatively straightforward process, if you are aware of what lenders are looking for and generally what they will and will not do.
Date Posted: August 07, 2007
Closing Escrow on Business Buying/Selling
The final part of the whole deal is the escrow. The word is an old Anglo-French word which originally meant ‘piece of parchment or fabric’. In today’s parlance, the word describes the process whereby a property is deposited with a...
Date Posted: August 07, 2007
Buying A Business - The Basics
Buying a business in today’s economic climate requires that you, the buyer, be on the ball, with regard to business basics. This economic climate, as far as businesses are concerned, is a sellers market.
Date Posted: August 07, 2007
Body Shop - Is this a Good Time?
Have you ever asked yourself the question? “Is this a good time to sell my business?” That is a question every business owner asks himself, every time he has a bad day.
Date Posted: August 07, 2007
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