Provided by Credit Bench Why is seller financing sometimes needed on business acquisition deals? Answer from a lender perspective: Lack of buyer industry experienceLack of buyer business ownership experienceLimited buyer liquidity for either down payment or post close cash What are the advantages of seller financing to the seller: Maximizes selling priceSells business fasterGreat rate...
--Will Provide More Flexible Succession-Planning and Exit Options for Business Owners MINNEAPOLIS – MAY 15, 2023 – Sunbelt Business Advisors President Chris Jones today applauded Small Business Association (SBA) revisions to rules on 7a loans (the SBA’s most common loan program) that will allow a business owner to do partial sale of a business and...
By Sunbelt CEO Brian Slipka, Featured in DC Journal We hear constant news of massive layoffs at major corporations, especially in the technology industry. Yet, the Bureau of Labor Statistics announced that 517,000 jobs were created in January. That announcement accompanied news that the unemployment rate had fallen to 3.4 percent, the lowest since 1969. Longstanding assumptions about what drives and...
By Peggy DeMuse Licensed Business Broker, Sunbelt Business Advisor, Featured in Upsize Magazine When a business owner is planning their exit strategy, they should seek to minimize risk and maximize net proceeds from the sale. Seller financing can be a powerful tool in this regard. Seller financing drives higher prices Business buyers are also looking to...
By Keith Payne Licensed Business Broker, Sunbelt Business Advisor and Independent Insurance Specialists Many business owners that we meet with are often wondering if the time is right to considering selling their business. Often times they believe to have “the ideal or incumbent buyer” that they feel will be able to take over the business. With that,...
Author: Derek Brown President Brown & Associates Wealth Management You have worked hard for many years to build your business to a point to one day have the financial freedom to work less or not at all. Now, you are considering selling your business in hopes of obtaining that financial freedom. This new phase of...
Minnesota’s Largest Seller of Companies is Hiring Attend our Open House September 28, 2022 4:00 - 6:00 PM Register Becoming a Business Broker or M&A Advisor Frequently Asked Questions (FAQs) Q: Do I need a license? A: Yes. Many states, including the State of Minnesota, require a license. Minnesota specifically requires a real estate salesperson...
News Release | Contact: Kent Kaiser 651-338-1777 MINNEAPOLIS – July 21, 2022 – Sunbelt Business Advisors President Chris Jones today announced that Sunbelt has been honored as among the “Best Places to Work,” according to annual rankings published by the Minneapolis St. Paul Business Journal (MSPBJ). MSPBJ wrote, “In 2022, we are honoring 20 companies in the...
By Randy Krivo, Licensed Business Broker, Sunbelt Business Advisors and M&A Advisor, True North Mergers & Acquisitions As a business broker, I have met with countless buyers over the years and most of them narrow their search to businesses that are in industries in which they have past experience. In some instances, that’s the right...
