FAQ Archives | Page 3 of 4 | Nemo Vista
  • Who will handle the negotiations on the sale of my business?

    Who will handle the negotiations on the sale of my business? Your Nemo Vista Business Broker is trained to deal with negotiations on the sale of your business. Your Broker will help navigate you through the entire process, helping guide you through this experience every step of the way.

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  • Should you offer seller financing when selling your business?

    Should you offer seller financing when selling your business? It is very common for the sale of small business to have seller financing be part of the deal. In many cases this is the only way the deal will get done, is if the seller is willing to hold a note for part of the […]

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  • How long will I have to train the person who buys my business?

    How long will I have to train the person who buys my business? This is a tentative point and negotiation maybe necessary. At Nemo Vista we have found most buyers ask for 30 days. However, some businesses only require a week or two of training, while others, require much more extensive training before familiarization of […]

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  • What are the tax ramifications of selling your business?

    What are the tax ramifications of selling your business? Selling your business maybe the single biggest asset you own, so understanding your tax liability should not be taken lightly. Without proper allocation of the selling price you might be shocked to know your tax liability. Allocation is a fancy term for how you divided up […]

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  • After I sell my business can I open another one at some point in the future?

    After I sell my business can I open another one at some point in the future? Buyers will ask that you sign a non-compete clause, this will set limits on the area and/or amount of time to pass before opening another business in the same market.

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  • Why buy a business instead of starting one?

    Why buy a business instead of starting one? Buying a business takes more money than time traditionally, and conversely starting a business takes more time than money. Starting a business requires the buying of equipment, renting a space, paying a staff, paying for advertisement, establishing contracts with suppliers, being financially stable while building your company […]

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  • What is the best business to own?

    What is the best business to own? The best business to own is the one that you feel comfortable running. Buying a business is all about personal choice, what one person would excel at another would fail. Most buyers what a business that holds an interest to them, is profitable and well managed. While others […]

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  • How is an offer structured?

    How is an offer structured? Offers generally require one-third to one-half of the sales price down. The remaining balance is financed by the seller, a financial institution or family resources. Sellers typically prefer an all cash offer at closing and some buyers are able and willing to accommodate them. Buyers, however, usually are trying to […]

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  • What kind of financing is available?

    What kind of financing is available? There are 3 main types of financing available; seller financing, bank financing, and personal loans. Sellers financing is typically the easiest to acquire and cheapest option. Seller financing is a strong indicator to buyers that the seller has confidence in the longevity of the business. There are typically no […]

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  • What is the best time to sell your business or looking at long term?

    What is the best time to sell your business or looking at long term? Selling your business can be the single biggest decision many companies as-well as individuals face. There is rarely a “perfect” time to sell a business. Here at Nemo Vista we will work with you on establishing an exit strategy, advice on […]

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