BizOpps    Business Opportunity

Frequently Asked Questions

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Frequently Asked Questions :

To view the FAQs select the topic to the right to view the Q & A.
Advertising On BizOpps
 
Selling A Business
 
Buying A Business
 
Brokers & Agents
 

   

   

   
Advertising On BizOpps
  Advertising a Business For Sale
Q: What dose it cost to post a listing on BizOpps?
A: Standard Business For Sale listings are Free for 60 days or a one time $29.95 fee for an unlimited listing period.
  Premium (Display Ad) Business For Sale Ads Pay Per Click (CPC) or Impression (CPM) see Advertising
   
Q: How Long Can I Post a Free Listing?
A: Until you sell it or remove it. There is no limit
   
  Advertising Products and Services
Q: What advertising options are available?
A: See Sample Ads to the right and click Advertising
 

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Selling A Business

Q: What should the terms of sale specify?
A: You should think about the terms you are willing to accept in addition to the price. Factors that will influence this decision include your personal financial situation and the financial health of your business. You should also be thinking about whether to specify an all cash deal or to offer seller financing, and what, if any, level of involvement you want with the business after the sale. You need to be flexible and willing to negotiate to increase the chance of selling your business on mutually agreeable terms.
   
Q: What type of information do I need to disclose to a buyer?
A: Only very basic information about your business should be disclosed to a buyer prior to their signing a non-disclosure agreement ("NDA"). Once an NDA is signed, the buyer can be given additional financial and operational information about the business, so the buyer can make an informed offer for the business. After an offer is accepted, detailed information will be required during the due diligence process, including a review of incorporation filings, other legal documents, a professional review of accounting statements and meetings with key employees.
   
Q: Should I utilize the escrow process to close the deal?
A: Using a professional escrow service will provide transaction structure, assistance and protect against trouble as you proceed to closing. The escrow fee is view as insurance that the transaction will run smoother and items that are represented by all parties are documented.
 

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Buying A Business

Q: What information should I prepare as a Business Buyer?
A:

The buyer should prepared with the following: Non-disclosure Agreement (NDA), Buyer Profile Form, Financial Statement and Pre-Qualification Letter for Financing. These items will present you as a serious buyer to the business owner and or their representitive.

   
Q: What does it cost a Buyer to use BizOpps?
A: There is no cost to search and or find a businesses for sale. There is no cost to use BizOpps resources and the buy, sell tools.
   
Q: How is the asking price determined?
A: Traditionally the asking price is determined by professional valuation based on an Income Multiple: The net income (profit/owner's benefit/seller's cash flow) of a business is subject to a certain multiple to arrive at a selling price. Another method uses Asset Valuations: Calculates the value of all of the assets of a business and arrives at the appropriate price. There is also the Income Capitalization: Future income is calculated based upon historical data and a variety of assumptions. Also there is the Liquidation Value: Determines the value of the company's assets if it were forced to sell all of them in a short period of time (usually less than 12 months). Finally some pricing is based on Rules Of Thumb: The selling price of other "like" businesses is used as a multiple of cash flow or a percentage of revenue.
 

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Brokers & Agents

Q: What does it cost to use BizOpps?
A: There is no cost to search and or find a businesses for sale. There is no cost to use BizOpps resources and the buy, sell tools. However there is a cost for Display Ads. see Advertising
 

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Contact: info@webshares.com | Subject: BizOpps

 
 
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