How to Successfully Buy or Sell a Business in This Down Economy

Want to buy a business but the owner won't lower the price so he can pay off his debt?

Want to sell a business to get rid of your debt but because of declining revenues you cannot get your price, or anywhere near it?

We have a solution.

We see this every day, a nice previously profitable small business is in a deep decline because of reduced revenues and the owner decides to sell to prevent foreclosure as he cannot afford the debt service now with the reduced revenue.

A buyer wants to buy but cannot because the price is too high as the owner wants to pay off his debt.

A no win situation.

Here is the answer.

Let the buyer or the seller, either one, hire us to remove the debt from the business and workout the personal guaranty. In the process we can sell the buyer the business at a price that makes sense based on the current revenue, a lot less than what would be required to pay off the loans. However in this process we intervene and reduce the debt, with our debt forgiveness strategies, so the sale can be made and the worked out debt paid off and everyone achieves the results they want most.

The seller rids himself of the debt and personal guaranty.

The buyer gets the business at the price it is worth and everyone goes home happy.

This makes sense.

We are working with business brokers all over the country to deliver these results. Clearly this makes sense. We can do it for either the buyer or seller and everyone is a winner.