Why it’s Good: Your comfort with the concept of seller financing of a business sale will serve you well.
What it is: A straightforward article the covers the basics of seller financing well.
The article highlights 6 key points to seller financing:
DO assess the risks. You will be tied to the business long after the sale is complete.
DO leverage the benefits of an interest-earning investment.
DO advertise seller financing when you list your business for sale..
DON'T waive the down payment. A healthy down payment can minimize your risk.
DON'T do it yourself. Get legal and professional advice from someone you trust.
DON'T be pressured. Trust your instincts.