Selling / Exiting

At least in our territory, bankers are not interested in the extensive business plans discussed in most books or how-to's.  Instead they just want the facts.  First, they'll look at your 1-2 page executive summary and then your 12-month cash flow statement with key underlying assumptions.  If that's attractive, they read the rest of its dozen or so pages.  Here's a good example...

County Offices in Ventura and Los Angeles Counties

Locations of key County government offices in Ventura and Los Angeles Counties

Locations and contact information for City Offices

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Presentation summarizing the contributions of SCORE Chapter 439 in Pasco and Hernando counties, Florida.

The Fair Market Value of a Business may be estimated by inputting data from current Profit and Loss Statements and the Balances Sheet to the Excel spreadsheet program below.

Instructions for using this tool are on the spreadsheet..   

Positive GraphHave a question about fair market value? Connect with a SCORE mentor online or in your community today!

Not all franchisers are created equal. Some are scrupulous, and others are not. Some give lots of training and support and are easy to work with, and others don’t. Some do not have problems with their network of franchisees and others have far too many.Before you get too excited and start thinking with your wallet instead of your head, find out the answers to these sorts of issues long before you sign any documents.

About the Author

Steve Strauss HeadshotSteven D. Strauss is a lawyer and writer and is one of the country's leading experts on small business as well as an international business speaker. The best-selling author of 17 books, his latest is the all-new 3rd ed. of The Small Business Bible. You can listen to his weekly podcast, Small Business Success Powered by Greatland, visit his new website for the self-employed, TheSelfEmployed, follow him on Twitter, and "like" TheSelfEmployed on Facebook. You can e-mail Steve at: sstrauss@mrallbiz.com. © Steven D. Strauss

SCORE to Launch New e-Business Learning Website for Small Business

Date
Tue, 2011-03-22 23:02

Consortium of Public and Private Organizations

In Helping Entrepreneurs Leverage Technology to Fuel Their Growth and Success

 

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