Many buyers view a publicly-held company as virtually being an open book with at least a modest level of transparency, whereas privately-held companies reveal much less about their inner workings, fin…
Seller Carry. Why We Should Avoid It When We Buy Business in NYC
“Seller carry” is a legitimate way to secure a business purchase in certain scenarios. It basically consists of the financing made by the selling party of a portion of the sale over an extended period…
Not All Buyers Are Created Equal: The Mindset of the Serious Buyer
Just as every person is different, the same invariably holds true for buyers. No two buyers are the same. Further, no two buyers have the same mindset, emotional makeup, or approach to business. The s…
Grocery stores were generally unaffected by the health crisis that spanned from 2020 to the time of writing. With a market size of over $750 billion and roughly 2,800,000 employees, grocery stores in…
Owning and operating a business can be rather demanding and that means from time-to-time details can slip through the cracks. All too often, businessowners don’t fully comprehend their leases and this…
Should A Business Be Sold After Its Most Profitable Year?
What goes up eventually goes down, even if just momentarily. In the stock market, the saying goes “buy low, sell high”. This could likewise apply to business selling but in a more concrete way. Unless…
If you’re getting ready to sell your business, you’ll want to be on high alert for potential warning signs that could potentially derail the deal. Of course, time is of the essence when it comes to fi…
Many household owners would revamp their homes prior to their sale in order to increase the value and generate much higher returns, Businesses are no different in principle, though the methods are a b…
4 Questions to Ask Yourself Before Buying a Business
When in the process of buying a business, some buyers have accidentally overlooked important questions that need to be asked. However, you don’t want to find yourself in a situation where you wish you…
Legal Mistakes That Business Sellers Need To Avoid
In the process of selling a business, sellers will encounter a variety of hurdles. Most of these relate to paperwork, proper business valuation, New York City’s taxation system (which is far more burd…
When It Comes to Selling Your Business, Let Others Do the Heavy Lifting
While brokerage professionals are working to sell your business, it’s important for you to keep running things in a smooth and seamless manner. In countless cases, sellers have made the mistake of let…
Why You Shouldn’t Sell Your Business Without a Broker
Selling a business is not an easy endeavor in the slightest. Business owners who try to avoid the help of professional business brokers in New York City will be essentially handicapped to deal with th…