When you are selling your business, there are a lot of things to keep in mind. One of the most important is cybersecurity. Why? In today’s world we do a lot of business on the internet, and pass things back and forth digitally. But keeping that information secure is just as vital when selling your […]
Last week, a business owner asked me this question. Should you sell your business if the economy is heading into a recession? His initial opinion was – no, of course not. After we talked a little longer the answer became, “let’s sell my business.” Here is why. Should you sell your business during a recession? The first […]
Today, consumers are increasingly motivated to do business with companies that are environmentally conscious. That means they not only comply with local and federal regulations, but they go beyond what is required in order to protect the environment. That means that business buyers are also looking for businesses that are environmentally conscious, especially Millennial buyers. […]
When it comes to regulation and protecting the rights and health of their citizens, the State of California is one of the strictest in the nation. The state is also strict on environmental and labor laws. All of this regulation is great for the protection of residents. However, it does make finding a qualified buyer […]
When we talk about buying or selling a business one of the first topics is the due diligence process. What does that mean for the seller? What should the buyer be looking for? The answer is actually contained in a long and thorough checklist. As a seller, it means you must be prepared to present […]
One of the active places to list a business for sale is the BizBuySell.com website. BizBuySell has been active in the businesses for sale marketplace since 1995. As a result, they have been able to collect up to date information on some of the most commonly asked questions from buyers and sellers of a business. […]
The age-old question when it comes to buying and selling a business. A letter of intent or an LOI has big advantages to both parties when it comes to a business acquisition transaction. What does one look like, and do you actually need one? First a business acquisitions letter of intent is a document that […]
Here at Rogerson business services, we often talk about the fact that you will need financing to buy a business, and your buyer will need it if you are selling a business. We also understand that you don’t just need a lender, you need the right lender. That’s why each quarter we will be providing […]
The Small Business Administration issues and/or guarantees loans for small businesses, and getting SBA loans is one of the most common way many entrepreneurs fund their dream of owning a small business. The process of qualifying for and getting SBA loans is pretty static, but interest rates, what loans and how many are approved, and […]
We often think of the importance of a personal credit score when buying a business. It makes sense, right? A part of buying a business, especially if it is your first business, is qualifying for financing unless you have a huge amount of cash. What about when you are selling a business? Well, your personal […]
Selling a business is rarely easy. There are just too many variables and they are mostly out of control of all the typical parties in a transaction; especially the seller. The first half of 2019 has been exceptionally busy with deals closing and frustratingly, with deals almost closing but not getting to the ‘finish line.’ […]
A tragic statistic tells us that many businesses that are passed on to children or that are purchased by employees fail. Why? The reason is simple. There is a huge difference between the mindset of an employee and an entrepreneur. Before you buy a business or before you as an owner agree to sell a […]
