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What Will the Bank be Looking for from a Seller When a Buyer is Getting an SBA Loan to Buy My Business?

Pinellas County Management Consultant | Sarasota Business Broker

If you are selling your business, your buyer may be interested in taking out a loan. It isn’t uncommon for loan providers to want to better understand you as the seller when granting approval or denial to your buyer. This may seem odd, but it is a common practice for business brokers and banks when it comes to SBA business loans.

3 Surprising Reasons To Offer A Subscription

Sarasota Business Acquisition | Florida Management Consultant

You can now buy a subscription for everything from dog treats to razor blades. Music subscription services are booming as our appetite to buy tracks is replaced by our willingness to rent access to them. Starbucks now even offers coffee on subscription.

How To Know When It’s Time To Sell Your Business

Sarasota County Sell A Business | Florida Management Consultant

Many businesses have a life cycle, either due to economic conditions, a change in customer buying patterns, or the desire for the owner to retire or move on. But most business owners will eventually reach the point when they need to decide whether or not to sell their business. Let’s review some of the thought processes behind this decision.

Advantages and Disadvantages of Seller Financing

Sarasota Business Broker | Venice Financial Corporation

Seller financing has positive and negative aspects that buyers should pay attention to. These pros and cons will appeal to different buyer’s needs, so it is helpful to better understand these aspects. By reading the following article, you will gain more information on the advantages and disadvantages of seller financing.

The Anatomy of a Successful Exit

Florida Management Consultant | Manatee County Business for Sale

Stephanie Breedlove started Breedlove & Associates in 1992 as a way to pay her nanny. The big payroll processors weren’t interested in dealing with one person’s wages and doing it themselves was complicated and time-consuming, too much for the then overwhelmed Breedloves.

How Do Others View Your Business?

Sell Florida Business | Sarasota Valuation

In the online era, potential customers have easy to access to your business reviews. Previous guests and clients can leave online reviews and companies dedicated to customer service can evaluate your business for others to see. It’s important to take note of how your products or services are received by guests.

The Downside of Selling Someone Else’s Product

Sarasota Consultant | Florida Business Brokerage

Are you tempted to resell someone else’s product to boost your top line revenue?

On the surface, becoming a distributor for a popular product can appear to be a simple way to grow your sales—simply find something that is already proven to be successful elsewhere and negotiate the rights to sell it in your local market.

What Goes into a Business Valuation?

Charlotte County Option of Value | Florida Business Brokerage

It is often necessary to determine the value of a business, such as when courting investors or preparing it for sale. The specific process for determining the value of a business varies and can be achieved through a range of methods that we will review here. All of these methods fall under three common approaches that we will examine in detail.