Insights
Buying a business, page 8
Buying a business
The Importance of the Term SheetWhat a term sheet contains, how it differs from a letter of intent, and why agreeing terms in writing early prevents costly misunderstandings.
Buying a business
Why Business Acquisitions Fail After Closing, and How Buyers Prevent ItWhy acquisitions disappoint after closing, from overpaying to losing key people, and what a buyer can do before each problem starts.
Buying a business
Buying? Selling? Seven Key Points to ConsiderThe seven points buyers probe in every business sale, what each side should ask or prepare, and why one list serves buyer and seller alike.
Buying a business
Who Exactly Owns Personal Goodwill and Why Does it Matter?The difference between personal and business goodwill, who owns each, why it changes risk and taxes in a sale, and how deals are built around it.
Buying a business
Buying Another Company Before You Sell: When an Add-On Raises ValueWhen buying a smaller company a few years before you sell can raise your eventual price, and the risks that can make it backfire.
Buying a business
The Top 3 Key Factors to Consider about EarningsWhy equal earnings can mean unequal value, and how buyers test earnings quality, sustainability and accuracy before paying for them.
Buying a business
The Deeper Significance of a Listing AgreementWhat a signed listing or engagement agreement commits the seller to, what it tells a buyer, and why it shapes the whole sale.
Buying a business
Is Your Deal Really Completed? What Buyers Must Finish After the LOIA signed letter of intent starts the real work. What a buyer still has to check, arrange and sign before a deal is actually complete.
Buying a business
Defining GoodwillA plain definition of goodwill in a business sale, how it differs from going-concern value, and how it is treated after closing.
Buying a business
Gaining a Better Understanding of LeasesHow a lease passes to a buyer by assignment, sublease or new lease, what each leaves the seller liable for, and what to disclose early.
Buying a business
What Should Be in Your Partnership AgreementA clause-by-clause checklist for a partnership or company agreement, with the question each clause must answer before anyone signs.
Buying a business
Can I Buy a Business With No CollateralWhat no collateral really means, the three financing routes that work, and what lenders and sellers still expect from you.