Hey everyone!
Natalie and I just got back from an
amazing trip to Croatia and Montenegro.
While there, one of my Balkan viewers, Tomo, submitted a question:
What
serves as the collateral on a seller-financing note when buying a business?
Great question Tomo!
It’s exactly the same situation as when we buy a house
or car. It’s the thing we get that
serves as collateral; The business.
So, why exactly, do so many sellers try to get buyers
to pledge something else to be the collateral?
Watch and learn: https://youtu.be/CzbU6DCLsVo
Learn how to sell your own business and not pay a
broker’s commission. Enroll here: www.HowToSellMyOwnBusiness.com
Learn how to buy a business: Sign up here: www.BusinessBuyerAdvantage.com
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