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. This might be a reasonable course of action in the event that: * The buyer doesn’t have all the funds available * The bank won’t lend the remaining amount * The seller,...Read More 0
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 you’re planning to keep your Long Island venture for the long term, you may want to sell your business whenever you’re able to get the highest business valuation. Long...Read More 0
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’d found out details that would have impacted your decision-making. With that in mind, let’s take a look at some often-overlooked inquiries. 1. What Is Included in the Sale? It is possible to...Read More 0
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 burdensome than that of most US cities), among others. The amount of work that needs to be done can understandably intimidate any business owner with no prior experience in selling a business....Read More 0
Takeaways from the Latest BizBuySell Insight Report
Whether you are thinking of buying or selling a business, it’s worth taking a look at the quarterly BizBuySell reports. The findings from these publications are taken from analysis of sales and listing prices of approximately 50,000 businesses across the United States. The report covers the statistics of sales prices and successful transactions. It also discusses the trends that are at play....Read More 0
Don’t Hire The Wrong Business Broker
A business broker is a very useful “asset” for you, regardless of whether you’re interested in buying or selling a business. Hiring the right New York City business brokers is crucial for a successful deal. However, you must choose wisely to save lots of headaches and potential losses down the road. DON’T HIRE THE WRONG NEW YORK CITY BUSINESS BROKER! Has it ever...Read More 0
Common Questions that Business Brokers in NYC Can Answer
Business owners can find it hard to wrap their heads around all the possible variables present in a business selling process. It’s part of what justifies the work of business brokers in NYC and beyond – to begin with. A business broker (in NYC, of all places) should be readily available to answer many of the questions that an inquiring company owner may have, related to the arduous...Read More 0
How You Can Increase the Value of Your Company
Selling a business is commonly compared to selling a house. It’s not exactly the same, while you may see some overlaps between the two actions. In any case, even when selling a house, the aid of a real estate agent is key to maximizing revenue and ensuring a good deal with the most compliance. Likewise, the help of NYC business brokers should make your business sale more profitable and...Read More 0
Three Steps to Prepare a Sale
You feel that it’s time to call it quits and sell your Long Island company, either for retirement purposes or to pursue other business goals. The first thing that comes to mind is to contact a trusty Long Island business broker to begin the process right away. Still, in the meantime, there are other actions that you might want to perform in order to facilitate the sale. Three Steps to...Read More 0
Buy a Business (NYC) in 2022
Are you planning to buy a business NYC in 2022? Then don’t hesitate to contact the best New York City business agents. Getting professional help will prove to be extremely useful in order to streamline your purchase. Amidst the economic turmoil that was caused by the health crisis experienced during the past 2 years, the business selling market has been subjected to severe fluctuations...Read More 0
