by evansfox | Jun 2, 2020
The New York Forward Loan Fund (NYFLF) is a new economic recovery loan program aimed at supporting New York State small businesses, nonprofits and small landlords as they reopen after the COVID-19 outbreak and NYS on PAUSE. The NYFLF targets the state’s...
by evansfox | Apr 16, 2020
Forecasts already predict that 10-20% of businesses will fail because of the COVID shut downs. For opportunists, this may be the time to grab a great discounted deal due to someone else’s misfortune. Investors with the cash or access to credit will be able to buy and...
by evansfox | Apr 14, 2020
If you’re looking to purchase a new business, using a Settlement Services Agent might be an alternative to consider. When a business transaction is not anticipated to be adversarial, both parties can use a neutral third-party escrow agent to assist in closing...
by evansfox | Apr 14, 2020
With the shut-down, many business owners are going to be at night wondering if this is it. Is it time to get out? If you are thinking about selling your business, there are things you can do right away to maximize your sale price. If you simply close the doors, you...
by evansfox | Apr 10, 2020
The global COVID outbreak is unprecedented. The long-term impact on the economy is unknown and unpredictable. Buyers under contract may be wondering if they should, from a business standpoint, proceed with the transaction. They may also be wondering if they are...
by evansfox | Apr 8, 2020
As the owner selling a business, you want to maximize the sale price you receive. But may value the company at a greater amount than a prospective buyer, especially in an uncertain market with a lot of risk for the buyer. The buyer may be uncertain of how the COVID...
