As you consider transitioning your business? Whether through a sale, passing it down to family, or structuring an Employee Stock Ownership Plan (ESOP) for employees—begin with clarity. Having a clear understanding of your company’s real value. Many business owners, perhaps…
The 30% – 70% Rule One of the greatest gurus in the business ownership transition industry, Mr. Ed Pendarvis, said in his book, The Family Business, Family Farm: America’s Amazing Economic Engine, that the decision for a business buyer should be based 30%…
Advantages of Buying an SBA Pre-Qualified Business SBA backed lenders help Business Buyers acquire existing, cash-flowing businesses. Buying an existing business often has advantages over start-ups and new franchises, such as existing cash flow, established customer base, trained staff in…
Succeed now: Why you should buy a business versus starting from nothing or buying a franchise If you are looking to be your own boss through business ownership there are several avenues that you can pursue to reach your goal.…
Another one bites the dust – Business Buyers Save Big Money with Buy Biz USA’s Business Buyer Advocacy Program! Sellers say “Many thanks….Now we are even happier that we got to know [Legacy Venture Group / Buy Biz USA]…other wise we…
Dear Brian, I want to take this time to thank you for your time and effort in helping us sell Wicked Popcorn Company. To say the least it was a unique situation. We are really grateful for the Legacy Venture…
What is SDE? SDE stands for Seller’s Discretionary Earnings. It is a less formal business valuation method. It is basically the Total Owner Benefit a business produces. Generally, it is used for evaluating businesses with gross annual sales that are…