In the year 2021 Business is a far stretch from what it was in 2018. Things have changed across the board. The list of changes would be too many to list but one that is perhaps at the top of the list as problems that we must face and...
Often, we find, as Business Brokers, buyers who wish to buy a business wish to have a large “seller carry” in order to fund the deal. A seller carry is simply put “the seller financing a portion of the sale over a long duration of time to offset the...
DBA- Narcissistic Millennials Each generation has a distaste for the next up and coming generation. The “Greatest Generation” criticized the Baby Boomers. The Baby Boomers scoffed at Generation X. The Boomers thought that the Generation X was living loose, defiant, with the grunge era and the cavalier attitude. The...
Eeny, Meeny, Miny, Moe—Oh to what bank should I go? This children’s rhyme is the adult version of deciding which players you want on your team when you go to sell your business or buy a business. Regardless of your position, a buyer or a seller, getting the money...
IT’S TIME TO SELL YOUR BUSINESS President Harris, I mean President Biden, plans on bringing in some of the highest tax increases in History. If that is not scary enough, he is proud of it and openly admits that he will raise the taxes more than any one president...
2020 was one hell of a year. People are looking to 2021 as if viruses or national and world events pay attention to a calendar. Hopeful of a new year is one thing but with the political upheaval and coronavirus, hope is in short supply. And if it were...
Check out the latest episode of the Business Brokers Podcast: Eric Scheele is an awarding winning serial entrepreneur. He currently owns and operates KC Property Guys, which is Kansas City’s highest rated home buying company. Eric also owns KC Pier, which is Kansas City’s highest-rated foundation repair company. As...
I know this will come as a shock to you. The U.S. Government doesn’t often do anything efficiently. Shock, shock! They are actually starting to make good on their promises to ‘forgive’ Paycheck Protection Program (PPP) loans. Here is some up-to-date information.
Nothing is more important than honest and verifiable cash flow (Sellers Discretionary Earnings) on the sale price of a small business. Many buyers and business brokers go as far as stating that cash flow is everything. Over 75% of small business buyers are first time buyers coming out of...
The threat to the Coronavirus is a deadly threat. It’s sweeping the world at an alarming rate. The death of millions is guaranteed. We are all trying to protect ourselves by simply being watchful of what we do, but the fact is you can’t stop the flu virus any...
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