FAQ Archives | Nemo Vista
  • 4 Steps To Finding Your Sell-By Date

    Most business owners think selling their business is a sprint, but the reality is it takes a long time to sell a company.  The sound of the gun sends blood flowing as you leap forward out of the blocks. Within five seconds you’re at top speed and within a dozen your eye is searching for […]

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  • Six Power Ratios to Start Tracking Now

    Doctors in the developing world measure their progress not by the aggregate number of children who die in childbirth, but by the infant mortality rate – a ratio of the number of births to deaths. Similarly, baseball’s leadoff batters measure their “on-base percentage” – the number of times they get on base – as a […]

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  • How Your Age Shapes Your Exit Plan

    Your age has a big impact on your attitude toward your business, and your feelings about one day getting out of it. For example, one person who runs a boutique mergers and acquisitions business refuses to take assignments from business owners over the age of 70. He has found that septuagenarians are so personally invested […]

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  • You-proofing Your Business

    Making your business less dependent on you has a number of benefits: you can scale your company more quickly if you’re not acting as a bottleneck; you get more time to enjoy life outside of your business; and a business less dependent on its owner is much more valuable to an acquirer. Pulling yourself out […]

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  • What should a buyer look for in a business?

    What should a buyer look for in a business? Obviously, a buyer should consider only those businesses that they would feel comfortable owning and operating. “Pride of ownership” is an important ingredient for success. And obviously a buyer should consider only those businesses that can be purchased with the cash they have at their disposal. […]

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  • How are businesses prices?

    How are businesses prices? Since most business sales have some portion of the purchase price seller-financed, the down payment and other terms of the sale are very important. In many cases, how the sale of the business is structured is more important than the actual selling price. Too many buyers make the mistake of being […]

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  • What does a business broker do?

    What does a business broker do? In our initial meeting the buyer and Nemo Vista establish the criteria a buyer has for a business and his or her financial qualifications and business background. A prospective buyer then completes a Buyer Services/Non-Disclosure Agreement so confidential seller information can be revealed to the buyer. Potential acquisition candidates […]

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  • Why should a buyer use a business broker?

    Why should a buyer use a business broker? A Nemo Vista Business Broker can be useful in the buying/selling of a business. Brokers have access to a variety of business models, each unique, including many that buyers would not be able to find on their own. Brokers help find the business that best suites your […]

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  • What happens when I make a purchase offer?

    What happens when I make a purchase offer? A purchase contract generally includes: -details of the price to be paid for the business; -assets that are included in the purchase; -training to be provided to the buyer; -the time period and area to be covered by any non-compete agreement; -and, if there is to be […]

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  • What is done during the “due diligence period?”

    What is done during the “due diligence period?” The due diligence period is used by the buyer to review all aspects of the business—not only the financial aspects of the target business, but competition, changes in market dynamics, available financing, and all other issues that should be considered in purchasing a business. The buyer’s accountant […]

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