BLOG_C

The Top Two Ways to Purchase a Business without Collateral

July 21, 2018 By
Banks love collateral and for a very simple reason.  If you have collateral, then the bank has something it can take if you fail to repay your loan.  At its heart, collateral is a remarkably simple concept.  However, unfortunately, many people who want to start a business lack it.  All of this leads us to the simple question, “Can I start a business without a collateral. 1. Try the SBA There are ways that you can start a business without
Read More

Fairness Opinions

July 14, 2018 By
Since one often hears the term “fair value” or “fair market value,” it would be easy to assume that “fairness opinion” means the same thing.  A fairness opinion may be based to some degree on fair market value, but there the similarities end.  Assume that you are president of a family business and the other members are not active in the business, but are stockholders; or you are president of a privately held company that has several investors/stockholders.  The decision
Read More

How Sell-Side Due Diligence Can Maximize Sale Price

June 30, 2018 By
Rigorous due diligence is vital for investors who want to validate their investment theories and assess a target’s long-term growth potential. Sellers face increasing pressure for discerning buyers, and the due diligence process can substantially slow a sale. Sell-side due diligence can shorten the time to closing, increase sale price, and foster trust and cooperation between a buyer and seller. Here are five ways to get the most out of this process: Assess Business Sale Timing Whether there is neutral,
Read More