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What is a Covenant Not To Compete when buying or selling a business

In most business transactions it is standard to include a Covenant Not To Compete. The logic is simple. The current owner of the business decides...
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Understanding Add Backs when buying or selling a business

Small businesses are a critical part of the economic landscape. All the businesses on the Dow 30 started as small businesses, reached a critical...
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Why You Need An Appraisal To Get An SBA Loan

Getting finance to buy and sell a business from an independent third party such as an SBA lender since August 2008 has been very difficult. As part...
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How To Make A Buying Business Checklist

  • buying business checklist
  • April 2, 2011
After consulting with California business buyers for over eighteen years I highly encourage them to have a "buying a business checklist",...
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5 Tips For A Buyer To Qualify For An SBA Loan

Obtaining finance to buy a business is particularly challenging. One of the advantages of buying a business in the United States that very few...
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5 Tips When Selling A Business

A business that is available for sale is often handled like selling a residential property or house - except they are totally different. In some...
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What do I want to know when buying a business?

When working through the process of buying a business, the transaction will go through different stages. The first active stage is obviously when...
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What questions should I ask when buying a business?

Most business buyers don’t have a shortage of questions they want to ask when they are looking to buy a privately held company or business....
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6 questions to ask when selling or buying your business

There are two critical things a buyer of a business is looking for and these are cash flow and potential. They may be willing to compromise on...
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How a business transition plan enhances selling your business

A transition plan that allows the business owner to sell the business for the highest price possible in the shortest amount of time to the most...
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