Many people assume they know what “fairness opinion” means because they are familiar with the term “fair market value.” Fair market value refers to a price that is reasonable for both a buyer and sell…
July 2, 2022
Be Careful When Buying a Business in New York City
Buy Business New York City. Why You Should Be Careful and Get Assistance You probably want to start building your new NYC emporium, but, instead of starting from scratch like in the old days, you may…
June 30, 2022
Understanding the Value of Your Business
If you own a company, you’re likely aware of roughly how much profit you’re earning and how much you’re selling. You’re also surely familiar with all the investments made in terms of gear and infrastr…
June 23, 2022
Telling the Story of Your Business
Often selling a business comes down to storytelling. The buyer and seller are the main characters of the story that is being told. The seller is the one relaying the story, and the ideal buyer is the…
June 18, 2022
4 Mistakes to Avoid When Selling a Business in Long Island NY
So, you’ve decided that enough is enough and you want to sell your business. You’re probably thinking of enjoying retirement or pursuing other goals such as starting another venture or becoming a monk…
June 16, 2022
Is it Possible to Buy a Business Without Collateral?
When it comes to getting a loan, you can be certain that a bank will want collateral. This is true for both personal and business loans. Simply stated, if you have collateral, your bank won’t be conce…
June 10, 2022
What is Your Business Really Worth?
It’s normal to get excited about your first business. You proceed to buy some fancy furniture, set up a nice waiting room, revamp the office and equip it with the latest gadgets, or even place some ex…
June 9, 2022
Why Your Business May Not Be Listed by Business Brokers
Whenever you wish to sell a business, it’s always a good idea to count on the assistance of a good business agent. However, you should not expect the business broker to take care of all the problems….
June 2, 2022
How Sellers Can Boost Their Levels of Success
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…
May 28, 2022
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…
May 26, 2022
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…
May 21, 2022
How To Sell A Grocery Store
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…
May 19, 2022