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.
It’s well worth your time to read the entire article Here