Buying a business/franchise in the pandemic is chaos. This workshop is about buying a business/franchise under new circumstances. The process has changed due to the following:
- PPP loans on Businesses For Sale with Pay Back issues
- How do you value a business closed for 2 months or more?
- Is Seller Financing now mandatory?
- How will the banks approve SBA loans for businesses closed and slowly reopening?
- What industries are performing well and which ones are a concern?
- Do I need a business attorney, business accountant, and business broker?
- Where do I find businesses for sale?
- How do I make an offer and when?
- What is the buying process for a business?
- How long does it take to buy a business?
- Are landlords and leases more flexible or more difficult to negotiate?
Sponsored by The City of Hallandale