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FINANCING THE BUSINESS PURCHASE:You might consider obtaining part or all of your initial capital to purchase or start a business from your savings and/or from friends and relatives who may want to encourage your entrepreneurial goals. But first, you must create a persuasive business plan designed to protect their investment in your business. We can be helpful to you in this endeavor, after having a personal dialog with you and studying your financial statement and credit report. We can assist you in the preparation of a "Business Plan-Loan Package" considered vital by most lending institutions and by the (SBA) Small Business Administration of the United States Government. If you would like our guidance via snail mail, email, facsimile or otherwise, we will be pleased to be of service. Our contacts include a few hundred lenders of a broad variety. If you are wondering if your State has the equivalent of the Federal SBA, (many states do), just ask an appropriate official in your state or contact us and we will research or handle it for you from loan information to loan closing! If you are wondering if and how we could help you obtain financing from the Seller of a business from whom you choose to purchase, the answer is yes, we will be pleased to assist you. Home equity or residence refinancing may be an important source of funding. Your tax advisor may prefer this method. If this method is of interest, it is an area of our expertise and we can be of help. FINANCING: THE FIRST STEPVirtually every lender, venture capitalist or investor, will require a comprehensive business plan that will clearly establish the nature of the existing business to be purchased, or to be created and exactly how the lender will be repaid or made financially secure in the event of your payment default. If you believe you are capable of creating such a professional plan, we will critique it for you to help assure that it contains the elements that lenders seek. If you prefer that we guide you each and every step of the way in the creation of a good business plan and loan application, it will be our pleasure to do so. Our assistance is only an email or a phone call away. If you are considering the purchase of an existing business, but are not sure if it is a pragmatic and viable opportunity, we will be pleased to analyze it for you. Benefit from our half century of business experience. The scope and size of the business will determine our modest fee. The more we know about you, or you and your spouse or partner, the better we are able to serve you in a creative way to help finance the right business for you. Please complete our buyer's questionnaire so that we may be of assistance. Pursuing a search for the right business could make you a big winner; you have nothing to lose by investigating. Sometimes not taking a risk maybe the biggest risk of your lifetime. Wisdom is knowing what to do next. Virtue is doing it. |
