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The First Buyer Meeting

There is an old expression that first impressions count.

All About Sellng Your New Jersey Business

If you are looking to sell your NJ business here are a few practical tips to maximize the opportunity to sell and also the sale price.

We’ve Been Trumped

Now that THE DONALD has been president for nearly three years, what has changed for the owners of small and mid-sized businesses and what is likely to change?

Selling Your New Jersey Business?

If you are looking to sell your business here are a few practical tips from Crown Business Brokers to maximize the opportunity to sell.

New Jersey Business Broker Near Me

New business ventures can be exciting. With increasingly impressive technological advances, start-ups are on the rise.

Looking for (Business) Love in New Jersey

Oh yeah, besides looking for love, you can also look for a business in too many places, and in too many faces.

Should You Hire a New Jersey Lawyer?

One of Shakespeare’s characters in Henry VI, states “First thing we do, let’s kill all the lawyers”.

Our Warning About NJ Accountants

Here we go about accountants again.  A few nights ago NJ CPA and Business Broker Brad Palmer was watching TV around 4 AM. An ad came on where a woman was sitting at a desk in her office late at night.

Selling Nj Business

Preparing to Sell Your New Jersey Business

Many small and mid-sized New Jersey business owners do not consider an exit strategy in the event that they retire.

Being a Lone Ranger

Suppose you have a problem with the IRS or a State tax agency, and you have decided to handle the matter yourself.

NJ Cheap College

College on the Cheap?

Perhaps you have a New Jersey teenager who is approaching college age and you are concerned about the cost of higher education.

Keeping It All in the Family

Do you remember the movie classic “The Godfather”? There is a famous scene where Michael Corleone says to his wife: “Don’t ask me about my business”!

NJ Business Valuation

If you are considering the sale of your New Jersey business, the value you establish is extremely important

Memorandum of Sale

At Crown Business Brokers, LLC, we usually prepare a memorandum of sale. This is a document that is provided to a prospective buyer after we receive a non-disclosure agreement, but prior to the initial meeting.

Initial Buyer Meeting

As a New Jersey seller, your initial meeting with a prospective buyer is extremely important.

The Listing Agreement. Get It in Writing!

So you’ve made the right decision and have decided to sell your business with the aid of a broker. Now it’s time to sign the listing agreement.

The IRS and Audits

This is off-topic in that it does not relate to buying or selling a business but it is every small business owner’s worst nightmare. GETTING AUDITED BY THE IRS.

Qualifying the Buyer

Here at Crown Business Brokers, we are often asked by prospective sellers how we qualify buyers.

The Due Diligence Process

In a previous blog, and on the website, I briefly discuss due diligence, but more needs to be said.

Buying or Selling the NJ Business

If you are buying or starting a business in N.J., there are some things that you should be aware of that may not be applicable in other states or other regions of the country.

More on Buying Or Starting a Business

There was significant reader interest in the article entitled “To Buy or To Start a Business”. 

Franchises – A Dirty Business

Someone once said to me that everyone has a little larceny in them. And many franchisors have more than a little.

Due Diligence

The Business Plan

Birds do it, bees do it, even educated fleas do it. This is the first line from a 1928 Cole Porter song. And yes banks want it, creditors, want it, even equity investors want it. It’s a business plan.

To Buy Or To Start a Business That Is the Question

In Shakespeare’s Hamlet, in the opening line of the Nunnery scene, when contemplating suicide, Hamlet asks “to be or not to be, that is the question”. Hopefully, you are not contemplating suicide, but you may be contemplating whether or not to buy or start a business. For many prospective entrepreneurs, that is the question – to buy or to start.

What Form or Organization Should I Use in NJ for My Business

You’ve been looking to purchase a business for months and you’ve finally found your dream candidate.

Bulk Sales and the Sale of Your Business

In my last article on taxes, I did not address the issue of bulk sales. Very few non-lawyers or non-accountants are familiar with this tax law, but as a business buyer or seller, you should be aware of it.

Due Diligence

Looking for Love in All the Right Places

Remember the Waylon Jennings song where the lyrics are “I was looking for love in all the wrong places, looking for love in too many faces”? Besides looking for love, you can also look for a business in too many places, and in too many faces.

How to Hire a Lawyer

As a buyer, you need your attorney to review the contract of purchase and sale that is usually prepared by the seller’s attorney. Generally speaking, there will be a number of issues that will have to be negotiated between your attorney and the seller’s attorney.

Importance of Financing in Selling Your Business

When a business owner is considering selling his or her business, too often s/he gives too little thought to how the buyer is going to pay for the purchase; this is often thought of as the buyer’s problem.