Will the owner finance the Purchase of the Business?
It depends upon the following factors:
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The amount the buyer is willing to pay
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The credit history and score of the buyer
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The buyer’s experience in the industry
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The relationship that forms between the buyer and the seller during the negotiation and sales process
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The Business Broker’s ability to convince the seller of the buyer’s ability to pay back the loan.
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The buyer and the seller’s willingness to have the seller continue working in the business as an employee.
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The knowledge and experience the Broker/Consultant and the attorney have in creating structures and corresponding strong legal contracts that protect both the buyer and the seller.