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The Benefits of the NDA (Non-Disclosure Agreement)

The NDA is a legal document that is considered a standard in the business transaction world.  Its main function is to insure the confidentiality of a seller’s business information if a deal with a potential buyer falls through.  This contract gives both sides of a business transaction the freedom to

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Business Buyer Advice: Using Cash and Seller Financing

During the recent economic downturn, many aspects of our economic climate have been likened to the Great Depression.  When looking to purchase a business, one truth of that time long ago still stands, cash is king.   If you are able to pay for the majority of your new business with cash,

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Selling a Restaurant: Mistakes You Don’t Want to Make, Part 2-Selling Your Restaurant on Your Own

Are you ready to sell your restaurant? Sure, the commission that a business broker will take might seem like a lot on the surface, but going it alone can end in real disaster. Why? This strategy often backfires because of one simple thing. You are a restaurateur. You are great at running

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