Buying or selling a business is one of the biggest decisions an owner or buyer makes. These answers cover the basics. When you’re ready, start a confidential conversation.
Straight answers
How long does it take to buy a business?
Once there’s a signed letter of intent, diligence, financing and documents commonly take a few months; finding the right business can take much longer. See how to buy a business.
How is a small business valued?
Mostly on reliable earnings, adjusted for risk and transferability. See how to value a small business.
Do I need a business broker to sell?
Not always. See do I need a business broker.
Can I buy a business with an SBA loan?
Often, yes, subject to current SBA rules and lender approval. See SBA loan to buy a business.
What is due diligence?
The buyer’s verification of everything about the business before closing. See due diligence checklist.
Should I sell my business or close it?
Selling usually preserves more value for you, your employees and customers. See should I close my business or sell it.
Does Ben Lovro buy businesses?
Yes — South Carolina businesses, as a principal buyer. See business buyers in South Carolina.
Is Ben a broker?
No. He doesn’t list or market businesses or represent either side.
Is what I share confidential?
Yes. Conversations about selling are treated as confidential, and numbers are shared under an NDA.