Non-Binding Indicative Offers (NBIOs), used interchangeably in industry with Term Sheets and Heads of Agreement, are invaluable in that they can serve as a point of orientation during negotiations. Through an adeptly crafted NBIO it is possible to keep everyone…
Desire to Grow Your Income Generally, purchasers engage in transactions so they can transform the business, ultimately to produce profit. Research shows that the longer you own your business, the more profits you will generate. Owning your own business…
Latest US Small Business Trends (SBT) insight report revealed that the most common way to finance an SME purchase was through vendor finance (48%) and commercial bank loans (27%). The report also found that only 22% of applicants in…
Most people think of starting a business from scratch, developing an idea, building a company from the ground up. Starting from scratch, however, has its disadvantages including – developing a customer base, marketing the business, hiring employees and creating cash…
The buyer-seller meeting is quite often a “make or break” meeting. Your business broker or M&A Advisor will do everything possible to ensure that this meeting goes as well as possible. It is vitally important to realise that rarely is…
Owning a business and owning the right kind of business for you are, of course, two wildly different things. Owning the wrong kind of business can make you absolutely miserable. So if you are considering buying a business, it is…
Statistics reveal that out of about 15 would-be business buyers, only one will actually buy a business. It is important that potential sellers are knowledgeable on what buyers go through to actually become business owners. This is especially true for…