If you are preparing to exit your business and sell to your business partner, one of the key questions that needs to be asked is “how will the transaction be funded?” Whoever the eventual buyer may be, one thing is for certain: They will need a funding resource. Whether through an SBA loan, conventional loan,...
Did you know nearly 70% of business owners would prefer to sell to someone already familiar with their business, such as family members, key employees, or managers, when planning their transition? According to the Exit Planning Institute’s State of Readiness Survey, internal transitions provide comfort and continuity to the Seller, however, they also raise important...
