FAQs ABOUT SELLING A BUSINESS

Selling a business can be a complex process filled with important decisions.  This section addresses five of the most common questions we hear from business owners like you, covering topics such as determining your business's value, finding the right buyer, and negotiating a successful sale.  If you're considering selling your business and have additional questions, we encourage you to contact us for a personalized consultation.  Our experienced brokers are ready to provide expert guidance and support every step of the way.

  • Selling a business requires discretion. Unlike real estate, there are no "for sale" signs. We ensure confidentiality by requiring all potential buyers to sign a Non-Disclosure Agreement (NDA) before accessing sensitive information. This protects your business, employees, and customers throughout the process.

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FAQs ABOUT BUYING A BUSINESS

Buying a business is a big decision. This section answers 5 common questions we hear from buyers, like how to find the right business, secure financing, and negotiate a fair price.  Have more questions? Contact us for a personalized consultation.

  • Due diligence is crucial when buying a business. It helps you uncover potential risks and make informed decisions. Here's a breakdown of key areas to investigate:   

     
     
    1. Financial Due Diligence

    Review financial statements: Analyze at least three years of profit and loss statements, balance sheets, and cash flow statements. Look for trends, inconsistencies, and red flags.    
     
    Scrutinize tax returns: Verify tax compliance and identify any outstanding liabilities or audits.    
    Assess debts and liabilities: Understand the business's debt obligations, including loans, leases, and accounts payable.    
    Analyze sales and expenses: Examine revenue streams, customer concentration, and cost structure to assess profitability and sustainability.    


    2. Legal Due Diligence

    Review contracts and agreements: Examine customer contracts, supplier agreements, leases, and any other legal obligations.    
    Investigate licenses and permits: Ensure the business has all necessary licenses and permits to operate legally.    
    Assess intellectual property: Verify ownership and protection of trademarks, patents, and copyrights.    
    Check for litigation: Investigate any pending or past lawsuits or legal disputes.

       
    3. Operational Due Diligence

    Understand the business model: Gain a thorough understanding of the business's operations, products, services, and target market.    
    Evaluate customer relationships: Assess customer satisfaction, retention rates, and the overall customer base.
    Analyze the competitive landscape: Identify competitors, market share, and competitive advantages.    
    Review key performance indicators (KPIs): Assess the business's performance using relevant metrics.    


    4. Employee Due Diligence

    Review employee contracts and benefits: Understand employee compensation, benefits packages, and any potential liabilities.    
    Assess employee morale and turnover: Gain insights into employee satisfaction and retention rates.    
    Identify key personnel: Determine the importance of key employees and their potential impact on the business after the sale.

       
    5. Asset Due Diligence

    Inventory and equipment: Verify the condition and value of inventory, equipment, and other physical assets.    
    Real estate: If applicable, assess the condition, ownership, and value of any real estate included in the sale.
    Technology and infrastructure: Evaluate the business's IT systems, software, and data security measures. 
        
     

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BUSINESS FINANCING

To see if you pre-qualify for SBA financing with CreditBench, click here.

See if you pre-qualify with Guidant Financial to utilize retirement funds to purchase a business.

BUSINESS NEWS & TIPS

feature image of Sagard Real Estate Expands Portfolio with Acquisition of Oswego Village in Lake Oswego, Oregon
Sagard Real Estate Expands Portfolio with Acquisition of Oswego Village in Lake Oswego, Oregon
Sagard Real Estate, formerly known as EverWest Real Estate Investors, has recently acquired Oswego Village, a premier 103,000 square-foot grocery-anchored retail center located in the upscale downtown area of Lake Oswego, Oregon. The acquisition reflects Sagard Real Estate's continued strategy of investing in high-quality, well-located properties with long-term value potential. Prime Location and High-Quality Tenants Oswego Village stands out due to its prime location in one of Oregon’s most affluent communities. Anchored by high-credit tenants such as Whole Foods and Ace Hardware, the property is poised to offer sustained growth and stability. According to Tom Stover, Managing Director of Acquisitions at Sagard Real Estate, "Oswego Village represents the kind of high-quality, grocery-anchored retail assets we seek to add to our portfolio. The property’s location in Lake Oswego, coupled with its strong tenant base, positions it for long-term value creation." The retail center's location in Lake Oswego offers significant advantages. The area boasts an average household income of over $200,000 within a one-mile radius, making it an attractive destination for both national retailers and local consumers. Known for its scenic beauty, exceptional schools, and strong sense of community, Lake Oswego is one of the most sought-after neighborhoods in Oregon. Recent Renovations and Strong Tenant Retention Oswego Village has undergone extensive renovations between 2019 and 2021, which have contributed to its strong tenant retention and active engagement with the local community. The center features a balanced mix of national and regional tenants, providing a diverse array of services such as food and beverage, lifestyle, and healthcare options to meet the everyday needs of residents. As part of its commitment to maintaining the property’s appeal, Sagard Real Estate plans to implement additional targeted upgrades. These improvements will further solidify Oswego Village’s position as a premier retail destination in the Lake Oswego area. About Sagard Real Estate Sagard Real Estate is an experienced real estate investment advisor and operator, managing a portfolio of $4.9 billion in assets across the U.S. The firm specializes in portfolio management, acquisitions, asset management, development, and property management for investors. With regional investment offices in key cities such as New York City, Charlotte, Austin, Los Angeles, and San Francisco, Sagard Real Estate is recognized for its strong track record and deep understanding of the commercial real estate market. Sagard Real Estate is part of Sagard, a global multi-strategy alternative asset management firm with over US$25 billion under management. Sagard operates across various investment strategies, including venture capital, private equity, private credit, and real estate, delivering flexible capital and value-creation expertise across North America, Europe, and the Middle East. For more information, visit www.sagard.com/realestate or follow Sagard Real Estate on LinkedIn.
feature image of Sell Your Portland Business Fast in 2025: 10 Expert Tips
Sell Your Portland Business Fast in 2025: 10 Expert Tips
Selling your business in Portland in 2025 can be a rewarding experience, but it requires careful planning and execution. Whether you're retiring, seeking new ventures, or simply ready to capitalize on your hard work, this guide provides valuable advice for Portland business owners looking to sell. We'll explore market trends, preparation tips, and strategies for attracting serious buyers. 1. Understand the Portland Market in 2025 Portland's business landscape is dynamic, with diverse sectors ranging from technology and healthcare to craft brewing and outdoor recreation. In 2025, business owners must be mindful of: Economic Conditions: While Portland boasts a robust economy, factors like interest rates, inflation, and local regulations can influence business valuations. Industry Growth: Evaluate your industry's growth potential in Portland. Tech-driven businesses, sustainable solutions, and those catering to the city's unique lifestyle (e.g., outdoor recreation, craft food and beverage) may be particularly attractive to buyers. Real Estate Trends: The cost of commercial space in Portland fluctuates. Understanding property value trends is crucial if your business includes real estate. 2. Get a Professional Business Valuation Obtaining a professional valuation is essential. It provides an accurate assessment of your business's worth, helping you set a realistic asking price and avoid leaving money on the table. Key Factors in Business Valuation: Revenue and Profitability: Buyers will closely examine your financials, including revenue trends, profitability, and cash flow. Assets and Liabilities: Ensure your asset list (equipment, inventory, property) is current, and assess any liabilities. Market Position: Consider your brand reputation, customer base, and competitive advantages in the Portland market. 3. Organize Financial Records and Documentation Potential buyers will scrutinize your financial records. Organize financial statements, tax returns, and balance sheets for the past few years to streamline due diligence and build buyer confidence. Essential Documents: Profit and Loss Statements: Demonstrate consistent profitability. Tax Returns: Have 3-5 years of tax returns readily available. Employee Contracts and Lease Agreements: Provide transparency about employee and lease obligations. 4. Improve Operational Efficiency An efficient business is more attractive to buyers. Streamline operations, reduce waste, and improve productivity to demonstrate a well-organized and smoothly-running business. How to Improve Efficiency: Automate Key Processes: Implement tools for accounting, inventory management, and customer service. Reduce Overhead Costs: Identify areas to cut unnecessary expenses without sacrificing quality. Document Procedures: Create clear operational procedures to showcase how the business functions. 5. Highlight What Makes Your Business Unique Emphasize your business's unique selling points (USPs) to stand out in the Portland market. Whether it's a loyal customer base, a prime location, or a strong brand reputation, highlight what makes your business attractive to buyers. Examples of USPs: Location: A desirable location in Portland can be a significant advantage. Brand Recognition: Strong brand loyalty or a unique niche can attract buyers. Growth Potential: Highlight expansion opportunities or untapped revenue streams. Sustainability: Showcase eco-friendly practices or products, aligning with Portland's values. 6. Consider Seller Financing Offering seller financing can make your business more appealing by reducing the buyer's upfront financial burden. It demonstrates confidence in your business and can expedite the sale. Benefits of Seller Financing: Attract More Buyers: Offer flexible payment options. Faster Closing: Streamline the negotiation process. Potential Tax Advantages: Spread income over time. 7. Work with an Experienced Business Broker A business broker with expertise in the Portland market can be invaluable. They can help you price your business correctly, identify qualified buyers, manage negotiations, and ensure a smooth transaction. 8. Market Your Business Effectively Maximize exposure to attract potential buyers. Create a compelling marketing package highlighting your business's strengths and growth opportunities. Utilize online platforms, industry-specific websites, and networking to reach potential buyers. Effective Marketing Strategies: Online Listings: Utilize popular business-for-sale marketplaces. Professional Networks: Leverage your industry connections. Confidential Marketing: Protect your business's identity while reaching serious buyers. 9. Screen Potential Buyers Implement a screening process to ensure potential buyers are serious and financially capable. Request proof of funds, assess their industry experience, and clarify their intent and timeline for purchasing. 10. Be Flexible and Willing to Negotiate While protecting your interests is crucial, flexibility and a willingness to negotiate can facilitate a successful sale. Be prepared to make reasonable compromises on price, payment structure, or transition support. Conclusion Selling your business in Portland in 2025 can be a rewarding experience with the right strategy. By obtaining a professional valuation, organizing your financials, improving operations, and marketing your business effectively, you can position yourself for a successful sale. Working with an experienced business broker and being flexible during negotiations can further expedite the process. If you're ready to sell your business in Portland and want expert guidance, contact a reputable business broker today. They can help you navigate the selling process and achieve your desired outcome.
feature image of Financing Your Business Purchase in Portland: A Comprehensive Guide
Financing Your Business Purchase in Portland: A Comprehensive Guide
Funding Your Business Purchase in Portland: A Comprehensive Guide Buying a business in Portland is a thrilling endeavor, but securing the necessary funding can be a crucial step. This guide explores various financing options available to Portland entrepreneurs, outlining their pros, cons, and key considerations to help you make informed decisions. Traditional Bank Loans in Portland Understanding Bank Loan Requirements When buying a business in Portland, traditional bank loans are a common choice. To qualify, you typically need: Good Credit Score: Demonstrate creditworthiness with a solid credit history. Solid Business Plan: Present a well-structured plan outlining your business goals and how the loan will be used. Proof of Income or Assets: Provide evidence of sufficient income or assets to repay the loan. Pros and Cons of Bank Loans Pros: Lower interest rates: Compared to other financing options. Fixed repayment terms: Predictable monthly payments. Potential for larger loan amounts: Secure substantial funding for your acquisition. Cons: Strict eligibility criteria: Meeting the bank's requirements can be challenging. Lengthy application process: Be prepared for a potentially time-consuming approval process. Collateral requirements: May require personal guarantees or business assets as collateral. How to Apply for a Bank Loan in Portland Prepare your business plan and financial documents. Research different banks and their loan offerings in Portland. Meet with loan officers to discuss your needs and qualifications. Complete the loan application and submit it with all required documentation. Small Business Administration (SBA) Loans in Portland Types of SBA Loans Available The SBA offers several loan programs to help small businesses in Portland: 7(a) Loan Program: The most popular, providing funds for various purposes, including working capital, equipment purchases, and real estate. 504 Loan Program: Specifically for purchasing fixed assets, such as land, buildings, or machinery. Microloan Program: Smaller loans (up to $50,000) for startups and small businesses. Eligibility Criteria for SBA Loans Size Standards: Meet the SBA's definition of a small business. Creditworthiness: Demonstrate good credit history and financial responsibility. Business Plan: Present a comprehensive business plan outlining your strategy and loan usage. Steps to Secure an SBA Loan in Portland Prepare your documents: Gather financial statements, tax returns, and a detailed business plan. Choose the right loan program: Select the SBA loan that best fits your needs and qualifications. Find an SBA-approved lender in Portland: Work with a local lender specializing in SBA loans. Complete the application process: Submit your application and required documentation to the lender. Seller Financing Options What is Seller Financing? Seller financing allows you to purchase a business directly from the seller, with the seller acting as the lender. This can be a viable option if you don't qualify for traditional bank loans or prefer more flexible terms. Benefits of Seller Financing Easier qualification: Seller sets the terms, potentially making it easier to qualify. Flexible terms: Negotiate payment plans and terms that work for both parties. Faster closing: Streamlined process with potentially less paperwork. Negotiating Seller Financing Terms When negotiating seller financing, consider: Interest rate: Discuss and agree on a fair interest rate. Down payment: Determine the upfront payment amount. Payment schedule: Establish a mutually agreeable repayment schedule. Collateral: Discuss any collateral requirements. Venture Capital and Angel Investors in Portland Venture Capital vs. Angel Investors Venture Capital: Funding from firms that invest in high-growth businesses, typically seeking significant returns and equity. Angel Investors: Individual investors who provide capital for startups and early-stage businesses, often offering mentorship and guidance. How to Attract Investors in Portland Develop a compelling business plan: Clearly articulate your business idea, market opportunity, and financial projections. Network with investors: Attend industry events, pitch competitions, and connect with angel investor networks in Portland. Craft a strong pitch deck: Present a concise and persuasive overview of your business and investment opportunity. Pros and Cons of Equity Financing Pros: No loan repayment: You don't have to repay the investment like a traditional loan. Investor expertise: Gain valuable advice, mentorship, and industry connections. Growth potential: Access capital to fuel expansion and accelerate growth. Cons: Loss of equity: Give up a portion of your business ownership. Investor influence: Investors may have a say in business decisions. Finding the right investor: It can take time and effort to secure suitable investors. Alternative Financing Methods Crowdfunding for Business Purchases Crowdfunding platforms allow you to raise small amounts of money from a large number of individuals online. Consider: Rewards-based crowdfunding: Offer incentives to backers, such as products, services, or equity. Equity crowdfunding: Sell shares of your business to investors in exchange for funding. Peer-to-Peer Lending Platforms Peer-to-peer lending connects borrowers directly with individual lenders online. This can be a viable option for those seeking alternative financing sources. Using Personal Savings and Assets Using your own savings or liquidating assets can be a straightforward way to finance your business purchase, reducing reliance on external funding. Grants and Government Programs in Portland Types of Grants Available Federal Grants: Explore grants offered by federal agencies for various business purposes. State Grants: Research grants specific to Oregon aimed at supporting small businesses. Local Grants: Investigate grant opportunities offered by the City of Portland or other local organizations. How to Apply for Business Grants Research relevant grant programs. Prepare a compelling grant proposal outlining your business plan and how you will use the funds. Submit your application according to the grant guidelines. Government Programs Supporting Business Purchases in Portland Small Business Administration (SBA): Offers various programs, including loan guarantees and counseling services. Oregon Business Development Department: Provides resources and support for businesses in Oregon. Portland Business Alliance: Offers programs and initiatives to promote business growth in the city. Leveraging Retirement Funds Rollover for Business Startups (ROBS) ROBS allows you to use your retirement funds to finance a business purchase without incurring tax penalties. This involves setting up a C-corporation and rolling over your retirement savings into the new company. Consult with a financial advisor and tax professional to understand the complexities and potential risks of ROBS. FAQs about Financing a Business Purchase in Portland Q: Can I get financing to buy a business in Portland? A: Yes, but it depends on your financial situation, the business's financials, lender requirements, and the type of business. Explore options like SBA loans, bank loans, seller financing, and alternative lenders. Q: What are the pros and cons of using a traditional bank loan to finance a business acquisition in Portland? A: Pros include lower interest rates, fixed repayment terms, and potential for larger loan amounts. Cons include strict eligibility criteria, a lengthy application process, and potential collateral requirements. Q: What are some alternative financing options for buying a business in Portland? A: Alternative options include seller financing, crowdfunding, peer-to-peer lending, grants, and government programs. Q: What are the eligibility requirements for an SBA loan in Portland? A: Your business must meet SBA size standards, demonstrate creditworthiness, and have a solid business plan. Q: How can I attract investors to help finance my business purchase in Portland? A: Develop a compelling business plan, network with investors, and craft a strong pitch deck to showcase your business opportunity. Final Thoughts Funding your business purchase in Portland requires careful planning and exploration of various options. By understanding the available financing methods, their pros and cons, and your own financial situation, you can make informed decisions and secure the necessary capital to achieve your entrepreneurial dreams.
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Marshall Rosario

REALTOR | License ID: 2012077679

+1(971) 645-6977 | marshall@primenwhomes.com

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