Seller Financing in Business Sales: What Buyers and Sellers Should Know
When it comes to selling a privately owned small business, seller financing is often a vital part of the transaction—especially when traditional bank financing isn't an option. In fact, across the United States, approximately 60% to 90% of small business sales include some form of seller financing to help make deals happen.
According to the Federal Reserve's Survey of Consumer Finances, in 2022, 20% of U.S. families owned a privately held business, marking the highest level recorded in the survey's history. More people are interested in owning a business than ever before. The buyer market is strong for quality businesses. If you've been considering selling your business, let's talk.
Las Vegas Business Owners: Do You Have an Exit Strategy?
Your business had a beginning, but have you planned for the end? Whether you're considering retirement, passing your business to the next generation, or selling to a new owner, having a well-structured exit plan is crucial for maximizing your business's value and securing your financial future.
Without a solid strategy, you risk losing control over your transition and leaving money on the table. A well-executed exit plan ensures a smooth handover while protecting your legacy and financial interests.