Selling your business is a big decision, and the timing of this decision can make more of an impact on the outcome of your transaction than you might realize. So, is now a good time to sell your business? In our opinion, not yet.
Is Now A Good Time To Sell Your Business?
Hard Money Loans vs Debt Financing
For developers or investors interested in buying commercial real estate but who don’t have any upfront capital or who cannot get conventional debt financing, a hard money loan may be the answer. Before using this funding source, you should know the difference between hard money loans (HMLs) and traditional debt financing.
Sources of Financing That Your Company Isn’t Utilizing
When it comes to securing business financing, there are more opportunities available than conventional methods such as bank loans or lines of credit. Following are several sources of finance that, either alone or when combined with traditional sources of financing, can provide the capital your business needs.
Financing A Business Purchase Without An SBA Loan
How to finance a business acquisition is a critical factor business owners face when evaluating the merits of an acquisition. A loan from the Small Business Administration is an attractive option for established businesses in need of financing. Sometimes, however, it’s hard to get approved for an SBA loan. If you do not qualify for an SBA loan, there are plenty of other lenders who are willing to work with you on business purchase financing. Following are several types of non-SBA loans that you should consider when buying a business.
How Important Are Interest Rates on Business Loans, Really?
When it’s time to borrow, obviously you want to borrow at the lowest interest rate you possibly can get. Conversely, if you’re an investor, you want to put your money in investment vehicles that have a higher rate so you will get a better return on your investment. Other than those basic strategies, how should business owners determine what is a good interest rate for a business loan?
Judged By The Company You Keep
You’ve probably heard it said before that “you are judged by the company you keep.” Thanks to another old proverb, “birds of a feather flock together,” this especially rings true when it comes to business associates. People want to do business with honest, knowledgeable, dedicated professionals, and while you may look the part, your choice of business partners may be saying otherwise. Both your company and its partners need to paint a pretty picture in order to win and keep clients.
Strategic vs. Financial Partners
There are many valid reasons why it makes sense for business owners to take on partners. Sometimes you need an inflow of cash; sometimes you want to expand your product line or extend your market reach. Potential partners fall into two primary categories: strategic and financial. Knowing the difference between the two is critical to clarifying your business strategy and helping you understand the decision-making process and goals of potential partners.
Real Estate Development Financing
Real estate land development takes many forms. It includes tearing down existing buildings and rebuilding, renovating run-down properties, expanding an existing facility, and buying land to develop a commercial complex. As a developer, you will probably need some real estate development financing, regardless of the scope of the project.
When Should You Buy a Business (or Not)?
Buying a business is ordinarily less risky than starting a new business — if you make the correct choice. Finding the right company, securing the funding to buy a business and timing your purchase all play a role in turning the idea of buying a business into a reality. Continue Reading…
What is Leveraged Financing?
Business owners often find themselves facing special situations, such as an acquisition opportunity, where they need more capital. For temporary, short-term funding needs, leveraged financing can be an investment strategy that supports business growth and increases returns. Continue Reading…
