The Number 1 question asked by Buyers is, "If the business is so good then WHY does the owner want to sell?" The truth is that businesses sell everyday in corporate and mainstream America for numerous reasons. The following are some of the more common reasons for owners to sell.

Common Reasons Owners Sell

The same reasons that Buyers quit their jobs. . .a change in lifestyle.

The Owner is burned out from doing the same thing and wants to do something different.

The Owner wants to retire.

The Owner wants to relocate to another part of the country.

There is a split in the business partnership.

There is a death involved in the ownership or the Owner's family.

There is a divorce.

Health related issues.

No family or heirs to pass the business to.

Lack of capital or vision to expand the business.

Any number of other ordinary life events.

How Can A Buyer Be 100% Positive The Business Doesn't Have Hidden Problems?

There is no possible way to be 100% certain of any business transaction. However, at OKBB we spend an enormous amount of time asking questions, and reviewing all types of information, including but not limited to, the owner's financial records, so that we can be assured of providing our Buyers with good businesses. We ordinarily require that our engagements have sufficient cashflow to service the contemplated debt and provide a Buyer with a salary and benefits. Ultimately, it requires due diligence on behalf of the Buyer, but at OKBB we will walk the Buyer through the entire process.

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rfirestone@bluestemresources.com