by Steve Whitehill At the most basic level, a buy sell agreement is a contract that outlines the sale of an owner’s share of a business. Buy sell agreements are sometimes referred to as buyout agreements. These agreements may be used for a number of reasons. Examples include retirement, bankruptcy, death, […]
Finding the money to start your own small business can be a challenge. Over the decades, countless people have turned to the Small Business Administration (SBA) for help. A recent Inc. Magazine article, “Kickstart Your Business Dreams with SBA Lending,” by BizBuySell President, Bob House, explored how SBA lending can be […]
Here’s a quick review of the most popular ways businesses get financed: Savings The first and most obvious option is to look at your (non-retirement) savings. If you have mutual funds and other liquid investments, you can liquidate (taxes will be incurred) and apply towards your franchise. Many people feel more secure investing in […]