| Subject | Date Asked |
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| goodwill | 9/30/2009 |
Q: If a person is selling a property management buisness (rental change overs, swimming pool cleaning, ...
A: Rae, Absolutely! What a buyer will pay for are the historical earnings in 2007, 2008, and 2009 ...
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| tranfer of product warranty after sale | 9/9/2009 |
Q: I own an LLC and am selling the assets, the contracts, the name and the web site but not the LLC. ...
A: Randy, I am not sure what you are asking me. I think you want to know if the buyer will have to ...
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| starting a business | 8/18/2009 |
Q: My brother and i are looking into starting a business or buying a business. the business would be ...
A: Martin, This is a simple question to answer. First, there really is no such thing as 100% finance. ...
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| Tax Liability - Business Buyout | 7/1/2009 |
Q: We own a franchise with some family members and will have been open 1 year in August. It is not ...
A: Nicki, If I understood the question correctly the answer is nothing. You will be taxed on the gain, ...
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| buying with NO MONEY | 5/7/2009 |
Q: is there a way to purch a buss with NO MONEY. is there any lenders that will lend 100%. we are ...
A: Ok, The quick answer to your question is NO, a bank will not lend 100% and YES you can buy just the ...
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| buying with NO MONEY | 5/7/2009 |
Q: is there a way to purch a buss with NO MONEY. is there any lenders that will lend 100%. we are ...
A: Darlene, The quick answer to your question is yes you can find banks that will lend for the ...
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| Business Goodwill & Personal Goodwill | 4/17/2009 |
Q: Can we (There are three of us) sell the goodwill from our personal business that we each built the ...
A: Brenda, The reality is you can sell anything you want. The questions you should be asking is wether ...
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| capital gains tax | 4/17/2009 |
Q: We sold actually property where we operated a small body shop in texas 12/28/08. I am confused on ...
A: Michelle, It sounds like what you are asking is what your capital gains tax is on the sale of Real ...
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| Selling Small Business | 4/15/2009 |
Q: I have a small courier business in VA. Tough economic times along with a lack of sales are making me ...
A: Eric, Ok, so if I understand you...the company's numbers look like this: Revenue ...
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| Selling Small Business | 4/14/2009 |
Q: I have a small courier business in VA. Tough economic times along with a lack of sales are making me ...
A: Eric, I will give a bit of homework and then I can try and advice you on what to do. The first ...
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| selling tax | 3/19/2009 |
Q: If i sell my buisness for $70,000.00 how much tax do i pay in Michigan? I have owned it for 9 years. ...
A: Jason, I don't know the figure that Michigan will charge you. What you should be concerned about is ...
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| Forming a partnership | 2/19/2009 |
Q: I am the sole proprietor of a small retail store. I would like to take on a partner (or two) but ...
A: Betty-Ann, My area of expertise is in business sales, but to address your question, the simple ...
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| free grant to start my own business | 2/14/2009 |
Q: where do I go to get a free grant to start my own business
A: Patricia, To be frank, in todays tight markets I don't know if this program is still functional. ...
|
| small business | 1/30/2009 |
Q: where can i get advice how to close a small retail business? ANSWER: Vera, What do you mean by ...
A: Vera, This is really not my area of expertise. What you are talking about is dissolving a ...
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| s corps | 1/15/2009 |
Q: i own a tanning salon and day spa and it is one S corp, i would like to sell the tanning salon so do ...
A: When structuring the sale of a business you can go two routs. One, an asset sale; Two, a stock sale. ...
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| s corps | 1/14/2009 |
Q: i own a tanning salon and day spa and it is one S corp, i would like to sell the tanning salon so do ...
A: Stacie, When structuring the sale of a business you can go two routs. One, an asset sale; Two, a ...
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| Binding Business Contracts | 12/19/2008 |
Q: My husband prepared a purchase agreement with a newly LLC to purchase an existing business franchise ...
A: Kim, Your questions are more legal than anything. My area of expertise is helping people such as ...
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| selling a small business | 12/18/2008 |
Q: I own a very small clothing resale and gift shop. I am interested in selling my business as a whole ...
A: Jessica, Selling a business is a very difficult process and I could probably write you a book on ...
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| Changing ownership of Salon | 12/15/2008 |
Q: I own a Salon in Southern California. I am adding a partner that will be buying out my last partner ...
A: I have to start by letting you know that I am not familiar with California licensing law. But, I am ...
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| previous partner has concerns | 11/10/2008 |
Q: A awhile back my partner wanted out of LLC she resigned as governor and officer. I make her monthy ...
A: Jim, This is more of a legal question rather than a question about selling or buying a company. The ...
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