Category: Legal And Financial Issues

Question: I want to use a Letter of Intent to make my offer on a small auto repair business. The seller's broker insists that I use his full Offer to Purchase agreement. I like the business, have completed my valuation,…

Question: I am seeking to be a 'first time' buyer of a business. I understand that I need due diligence, and that I need expert help, but what should I expect to pay for this service? How do they arrive…

Question: I just completed the purchase of a small restaurant in the Los Angeles area. About three months after I took it over construction began directly across the street from us for a major national restaurant chain that caters to…

Q: Do I need to hire an attorney to check for any liens on the business or taxes owed? I'm already in the final stages of a purchase on a franchise. It is an existing one and I know what…

Q: What is a quick way to get a general sales value for a residential maintenance landscape company? Is gross sales, number of clients, margin the most important component? A: There is no "quick way" to value any business. Nor…

Q: I am interested in buying a business though I'm living overseas. I am planning on moving to the USA and I was wondering whether it is possible buying a business from overseas. Would I be able to get a…

Q: I'm considering the purchase of a distributor business I've seen and like. My only worry is that one of their customers generates about 40% of the business. How can I protect myself?T. Jones - Aurora, CO A: The seller…