Knowledge hub

Vendor finance is an arrangement whereby the vendor agrees to lend all or part of the purchase price to the purchaser over an agreed timeframe with set terms and conditions.

When looking to sell a small to medium sized enterprise there are a number of important steps to take in order to prepare and ease the business sale and transfer of ownership.

When selling a business the appraisal is one of the most important steps. A good appraisal gives the business owner an accurate gauge of their position in the market and an idea of an achievable sale price. There are a number of ways to appraise a business and the approach to take depends on the typ...

Many people who are interested in buying a business start looking for a possible enterprise, but the majority never follow through. The reasons for this vary, but it’s true that the buying process can be expensive, stressful and time-consuming. Business brokers have the experience and processe...

If you’re thinking of buying a business, it’s important to do your due diligence. Not only will a business cost a lot of money to buy, but it is also likely to cost you in time and stress as you work to make it successful under your management. As such, it’s important to ask the ri...

Buying and selling businesses is a complex and often lengthy process. Business brokerages, like LINK, exist to help companies navigate the uncertain waters of the buying and selling process. While many sales are successful, sometimes initial offers for purchase fall over or the deal falls through fu...

As mentioned in part I of this series, the business broker has to do a great deal of homework to prepare a business for a successful sale. It is the business broker who has the responsibility, on behalf of the purchaser and vendor, to examine financials, client lists, existing account and competitio...

As with most business transactions, purchasing a franchised business holds its own set of advantages and disadvantages. While purchasing a franchise is no guarantee of success, it does have several benefits over starting a new business from scratch.

Whether you’re still considering whether or not to sell your small business or the decision is set in stone, there are several steps to complete along the way before the final signature is written. A family-owned business may be passed on to a succeeding family member, while a larger business ...

There are many factors involved when it comes to selling a business, including determining a fair asking price for it. The data that goes into such a determination may be gathered from a company’s financial statements, based on current competition in the market and drawn from other factors. Ot...