Frequently Asked Questions
FAQ for Business Buyers and Sellers
How long does it take to sell a business?
Typically, it takes 6 months to 1 year to sell a business. There are some extreme cases where you can sell a business in less time, but 6 months to 1 years if pretty normal assuming the business is priced around market value.
Do I need a college degree to run a business?
No. There are many business owners that don’t have college degrees. Many people learn the business through school of hard knocks. College degrees can certainly help someone run a business, but it is not a must have.
Can I run a business out of my house?
The answer is it depends on the business. Some businesses you can run out of your house. There are other businesses that must have a commercial presence. As a national statistic, 52% of small businesses are home-based.
How do I sign a contract using electronic signature DocuSign?
We use DocuSign to sign all of our documents. It saves trees and it is easier for both buyer and the seller. In addition, it is legal (according to DocuSign) and it is now widely used by the real estate and escrow industries.
What is Medicare and why it matters to business owners?
Many business owners need honest answers about what is Medicare and how it work. Below is a very good video explaining Medicare 101: