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09 Jan '16
Why buy a business instead of starting one?
Continue readingWhy 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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09 Jan '16
What are the tax ramifications of selling your business?
Continue readingWhat 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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09 Jan '16
Should you offer seller financing when selling your business?
Continue readingShould 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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09 Jan '16
How do I know the value of my business?
Continue readingHow do I know the value of my business? There are three types of Valuations Nemo Vista Does -Broker’s Opinion of Value, done in house by a Nemo Vista Broker, this is a reflection of what your business is worth today -Business Valuation Report, full summery report used in non-litigation matters for internal use in […]
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09 Jan '16
Whats is my business worth?
Continue readingWhats is my business worth? Truthfully it’s the price a buyer is willing to pay and a price the seller is willing to except. A Nemo Vista Broker is trained on giving a fair market listing price. Nemo Vista Brokers are not emotionally involved in your business and look at it from an analytical view […]
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09 Jan '16
When should I contact a business broker?
Continue readingWhen should I contact a business broker? While most business are sellable, contacting a Nemo Vista Broker will take some of the guess work out of the equation. Nemo Vista Brokers are knowledgeable professionals who will ask unique questions about your business, so they have a better understanding of you and your business. In some […]
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09 Jan '16
What are the advantages to using a Nemo Vista Broker?
Continue readingWhat are the advantages to using a Nemo Vista Broker? Nemo Vista Brokers are professionals who act as intermediate in the transfer of a business. As professionals Nemo Vista Brokers are able to get the deal closed and have a significant increase of what you walk away with. Nemo Vista Brokers are well educated and […]
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09 Jan '16
What is the best time to sell your business or looking at long term?
Continue readingWhat 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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09 Jan '16
When should I notify my employees that I am selling the business?
Continue readingWhen should I notify my employees that I am selling the business? At Nemo Vista we have found that the best time to notify your employees of the sale of your business is with the new owner. While we understand you may have a close relationship with your employees, and this approach might be emotionally […]
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09 Jan '16
Will my Nemo Vista Agent qualify the buyer by checking their credit?
Continue readingWill my Nemo Vista Agent qualify the buyer by checking their credit? At Nemo Vista we do not run initial credit reports on perspective buyers. However through the offer and acceptance process you may request a proof of funds letter or other copy of their credit. This is not often asked of by the buyer […]