We've taken insight from Adam's business buying journey, SBA lending experience, and small business starting/ownership experience to create the most helpful guidance we can to others looking to buy a business the smbuyer way.
So I have put together what I am calling “The SMBuyer Way” to buy a small business which has 5 key pillars that I think will ultimately reduce the fees and headaches associated with buying a business.
I think the SMBuyer way could allow buyers to put together the most compelling offer for a seller because when you save $150,000 in fees on a $1 million transaction
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Outlining what kind of businesses I think I might actually buy
I estimated that there might be about 20,000 small businesses sold per year based on the data sources I could find.
I have a theory that many of these listed reasons might actually be related to an overarching reason that makes it really difficult to sell a small business for less than $1 million dollars
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