Cash For Buiness Notes
Sold Your Business???
If you are holding a first position note created from the sale of a business, we would like to buy it. We offer a free price quote with no obligation to sell.
Over 75% of all businesses sold require the seller to hold a note that the buyer agrees to pay over a period of time. Are you tired of waiting for the monthly payments to arrive? We will give you CASH for your payment stream.
There are many factors that go into our evaluation of your note. The note must have been created as part of the purchase price of a business. Since the note is not secured by real estate, the credit of the payor is important. The size of the down payment made by the buyer is taken into consideration.
Closing of the transaction can occur in as little as ten days after all of the necessary documents have been delivered to us. The most important documents we need to begin are copies of: the note, security agreement, and UCC-1 financing statement (preferably a recorded copy).
A partial sale of your note is often the wisest approach. We will structure our offer to meet your needs.
If you have not yet completed the sale of your business, we can offer you free advice about how to structure the note, thus making it more valuable.
For your free price quote please fill out the form below (Well coming soon – just switching the site over at the moment).
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Will You Get Top Dollar When You Sell Your Business?
Selling your business will probably be your biggest sale ever. But, to get the best price you’ll need to satisfy your buyer on two points. Firstly, your company should be showing good returns. Secondly, there needs to be a strong likelihood that this trend will continue.
This is why you (as current owner), have an important part to play in the transition period during and after the sale.
Your customers and clients may be watching the changeover very closely. If you have a successful business, then it is fair to assume that your customers have grown to like you and the way you run your business.
Remember, most people don’t like change, so the transition is critical to make sure that your customers and clients remain with the new owners. No customers… no business!
Here’s what I mean. When selling one of my businesses to a senior banking executive, I remember a comment he made just before signing the contract. It was something like this:
“I have seen so many people buy a successful business, rush in and change everything and then lose everything.”
He went on to add “You are running an extremely profitable business, so you must be doing something right. I am not going to change anything, probably for at least a year, or until I find better way to do things.”
He kept his word and the business continued to perform exceptionally well. Eventually he did make changes, but he did it from a position of knowledge… and with understanding of the market requirements. A smart cookie!
However, it is not always like that. The new owners may not want you involved. This is something you need to be mentally prepared for. Don’t automatically assume there will be a place for you, even in a part-time or consulting role. Regardless of your ability, they may not want you to be involved. A new broom sweeps clean. The new owners could see you as a threat to the vision they have for the business.
Naturally, when things go wrong, it is likely you will be blamed for selling them “a dog.”
On the other hand, the new owners may want your help. They may want your experience and full support during the changeover period. They may even want you to stick-around for a while until they have come to grips with their new venture. The level of support you offer will need to be negotiated as part of the sale contract.
You, on the other hand, may want to cut your ties as quickly as possible after take-over day. I mean, let’s face it – selling the business could represent the end of a long drawn-out sales process. You may just want to cut your ties and move on.
So there you have it. You’ll need to think about the likely needs of the buyer and mentally prepare yourself for the different scenarios that could follow.
And remember your level of on-going support may be another bargaining chip for you to play in your biggest sale ever!
© Copyright Noel Peebles – Author “Sell Your Business The Easy Way.”
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Noel Peebles reveals his proven step-by-step formula to help you “Sell Your Business The Easy Way”…and walk away with an extra $21,800… $46,000… $80,000 in your pocket! Visit Site For More Details
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Is Your Business A Pain Or A Pleasure?
If your business is successful, then chances are you have poured most of your time, energy and spare money into it – for what may have seemed like forever. Your company may have become your life . . . an extension of yourself.
Can you really imagine life without it?
Is your family dependent on your business? Do you discuss it around the dinner table? Is your business an education and training ground for your children… a way for them to gain some working experience and earn some pocket money?
Could it be that your business is like a member of your family? Read more
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What Drives Business Owners’ To Sell
The buyer of your business will buy for his or her reasons, not yours. If you decide to sell, because your business is not going well and you simply want to get rid of it… do you think a buyer will be convinced? Your attitude and what you say can drastically devalue your business and its true worth.
Whatever your situation, your reason for selling must be convincing and your explanations consistent.
It’s only natural that you will want to get the highest price you possibly can. Although, how much you get is important, it won’t necessarily drive your ultimate decision to sell.
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Survival Tips For Small Business
You may be in Mail Order, Direct Mail, or you may be a local merchant with 150 employees; whichever, however or whatever – you’ve got to know how to keep your business alive during economic recessions. Anytime the cash flow in a business, large or small, starts to tighten up, the money management of that business has to be run as a “tight ship.”
Some of the things you can and should do include protecting yourself from expenditures made on sudden impulse. We’ve all bought merchandise or services we really didn’t need simply because we were in the mood, or perhaps in response to the flamboyancy of the advertising or the persuasiveness of the salesperson. Then we sort of “wake up” a couple of days later and find that we’ve committed hundreds of dollars of business funds for an item or service that’s not essential to the success of our own business, when really pressing items had been waiting for those dollars. Read more
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How To Raise Money For Starting Or Buying A Business
The task of raising money for a business is not as difficult as most people seem to think. This is especially true when you have an idea that can make you and your backers rich. Actually, there’s more money available for new business ventures than there are good business ideas.
A very important rule of the game to learn: Anytime you want to raise money, your first move should be to put together a proper prospectus. Read more
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How To Get Free Radio Advertising
The greatest expense you’re going to incur in conducting a successful business is your advertising.
You have to advertise. Your business cannot grow and flourish unless you advertise. Advertising is the “life-blood” of any profitable business. And regardless of where or how you advertise, it’s going to cost you in some form or another.
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Prepare Your Business For Your Ultimate Customer
Most business entrepreneurs would rather be in the drivers seat than to be driven. Yet, surprisingly enough, many business owners put little effort into planning to sell to their biggest and ultimate customer… the person (or company) that buys their business.
I’ve seen genuine hardworking people struggle and persevere to build up a successful business, only to watch them fail to reap their deserved rewards when they come to cash-out. They don’t know what to do, or where to go. They lack the required skills to present their business effectively to potential buyers. The end result; they get stressed-out and bitterly disappointed with the outcome.
Don’t fall into the same trap. The day will come when you want to (or have to) sell your business and cash-out. That might not be in the near future, but now is the time to start planning for your ultimate sale. Read more
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