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A Complimentary Booklet for Readers of This Discussion
Email us for your complimentary copy of this 62-page booklet at Will@WilliamBruce.org.
William Bruce
Category Archives: Buying or Selling a Business
A discussion of the issues involved in buying or selling a business by William Bruce, president of the American Business Brokers Association.
Family Businesses Are Now Less Likely to be Passed on to the Next Generation
The most surprising result of the survey is that among family-owned businesses contemplating a transfer of ownership within the next five years, only about half of the owners plan to pass the business on to the next generation of the family. This is down from 74 percent two years ago and is the lowest percentage in 17 years. Continue reading →
Selling a Business: Here’s How to Successfully Meet with a Prospective Buyer.
Previous articles have discussed the importance of having a good reason for selling your business, getting the business ready for sale, setting the right asking price, taking your business to market and buyer acquisition financing. In this article, we will share some advice on how to successfully hold the first face-to-face meeting with a prospective buyer of the business. Continue reading →
Business Buyer-Seller Confidence Index Is Strong for Sale of Small to Medium Size Companies
The Business Buyer-Seller Confidence Index indicates a strong and active market for small to medium size companies. Continue reading →
How to Use the SBA 7(a) Loan Program to Buy a Business
Except for the SBA 7(a) program, banks generally do not make loans to individuals to buy a business. This statement will surprise a lot of people. Most people will think first of a conventional bank loan when seeking financing to … Continue reading →
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Tagged Best business acquisition loan option, How to buy a business using SBA loan, loan to buy a business, SBA 7a business acquisition loan, SBA 7a loan, SBA 7a loan explained, Small Business Administration loan, Top SBA bank lenders, Using SBA loan to buy a business, William Bruce Business
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The 3 Financial Benchmarks All Business Owners Should Monitor.
These three financial ratios don’t take long to calculate and should be checked frequently to monitor the health and viability of your small business. Continue reading →
The Best and Worst Franchises to Buy
Forbes Magazine’s list of the best and worst franchises to buy. Continue reading →
Types of businesses most and least likely to be approved for SBA loan
By William Bruce It’s well known that some types of small to medium size businesses are more likely to receive SBA loans than others. We are indebted to George Heaslip, “The Loan Professor” for the following ranking. George is an independent … Continue reading →
