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Buying Your Small Business: Earnest Revenue Deposits Should-be Affordable

Buying Your Small Business: Earnest Revenue Deposits Should-be Affordable

I was speaking with a potential company purchaser last week – he had just opted getting company buy funding through ProBuy system on BizBen. He said he wanted the business enterprise; however, he was unpleasant placing straight down a 10percent deposit. The company was $350,000 in which he questioned if the guy could lower the deposit needs to $5,000.

I asked a company agent that time in the cell what his viewpoint was on earnest cash build up for escrow/bulk sale profile whenever selling a small company, this is what he relayed if you ask me about topic via a contact: