Business Brokerage Press | Questions for Helping Businesses Survive the COVID-19 Pandemic
04 May Questions for Helping Businesses Survive the COVID-19 Pandemic Posted at 08:27h in COVID-19:…
FAQ
The following questions are the most common questions that we have seen…
Although not necessary, we do suggest that both the seller and the buyer engage the services of professionals.
Everything in life can be negotiated. In other words, yes you can negotiate.
You can see our listings here: https://inflexbusiness.com/businesses-for-sale/
In short, No. Let us explain. One of the main reasons that a seller align himself or herself with a business broker is to facilitate the sale of the business under confidential cover. So although we do not prevent private dialogue between the seller and the buyer, it can only be done in the final stages and during the due diligence process.
There would be start up costs etc.. Also, you may recruit the services of professionals. That is a cost too.
The seller may be willing to finance part of the sale depending on his motivation. The broker typically has all of this information. Do not hesitate to ask him or her.
In some instances the seller may be willing to train the buyer for a stipulated period of time. In other scenarios he is not.
We recommend that all potential buyers, once serious about an acquisition, undertake a Due Diligence both financial and legal.
Yes it is. The selling price that is listed already includes ‘goodwill’.
More often than not, the price is determined by implementing a pricing analysis by us or if the owner executed a contract with an accounting firm to do avaluation.
Our listings do not typically include cash and accounts receivables. When we list a business for salethe business is considered an asset sale not a sale of shares. You are therefore buying the assets and not the liabilities.
