In this episode, Joe and Chandler explore the concept of holdbacks in business transactions. They break down what holdbacks are, why they're used, and how they benefit both buyers and sellers. Using real-world examples, they explain how holdbacks can help secure financing and ensure that a deal reaches the closing table. -- 🔍 In This Video, You'll Discover: - What a holdback is and how it's structured - The role of a holdback in securing SBA loans - Why holdbacks benefit both the buyer and the seller - Typical timeframes for holdback periods - Key examples of holdbacks in recent deals -- 💼 Why Watch? Understanding holdbacks is essential if you're planning to buy or sell a business. They provide protection and help facilitate successful transactions, especially in deals involving SBA loans. Chandler shares expert insights on how to navigate holdbacks for a smoother closing process. -- 🔗 Connect with Us Visit our Website: www.robbinspellegrino.com Follow us on X: @rpsellsbusiness Instagram: @robbinspellegrino -- Need advice on your business transaction? Contact Robbins Pellegrino today for expert guidance! #SellMyBusiness #SellYourBusiness #BusinessAdvice #BusinessGrowth #BusinessBroker #ExitStrategy #ExitPlanning #Acquisitions #MergersAndAcquisitions #BusinessValuation #Valuation

In this episode, Joe and Chandler tackle a question they often get from sellers: What is an escrow deposit? Chandler shares real-world examples and breaks down how escrow deposits work, their purpose, and why the amount can vary so much from deal to deal. -- 🔍 In This Video, You'll Discover: - What an escrow deposit is and its role in a business sale - How escrow amounts are determined and why they vary - The significance of the due diligence period - Why Robbins Pellegrino doesn’t split the escrow money - How escrow agents and closing attorneys handle escrow funds -- 💼 Why Watch? If you're a business owner preparing to sell or a buyer looking to understand the finer details of the transaction process, this video is for you. Learn how escrow protects both parties, what to expect during due diligence, and how Robbins Pellegrino’s approach to escrow ensures a smooth closing process. -- 🔗 Connect with Us Visit our Website: www.robbinspellegrino.com Follow us on: X: @rpsellsbusiness Instagram: @robbinspellegrino -- Thinking of buying or selling a business? Contact Robbins Pellegrino for a personalized approach to achieving your business goals. #SellMyBusiness #SellYourBusiness #BusinessAdvice #BusinessGrowth #BusinessBroker #ExitStrategy #ExitPlanning #Acquisitions #MergersAndAcquisitions #BusinessValuation #Valuation

In this episode, Joe and Chandler discuss what business owners can expect if a recession hits and they're planning to sell. They dive into key topics like market adjustments, the impact on business valuations, and how lenders tighten their requirements during an economic downturn. — 🔍 In This Episode, You’ll Learn: - How a potential recession can shift the market from a seller’s market to a buyer’s market - The impact of a recession on business valuations and pricing - How lenders scrutinize deals more during a recession, especially for businesses without hard assets - Why the strongest businesses sell first, and how to prepare your business for a slower market — 💼 Why Watch? If you’re a business owner considering selling, this episode provides valuable insights into how economic downturns affect the sale process. Learn how to position your business for a successful sale, even in uncertain times. — 🔗 Connect with Us: Visit our Website: www.robbinspellegrino.com Follow us on:X: @rpsellsbusiness Instagram: @robbinspellegrino — Looking to sell your business? Robbins Pellegrino offers expert guidance to help you navigate the complexities of the market, even during a recession. #SellMyBusiness #SellYourBusiness #BusinessAdvice #BusinessGrowth #BusinessBroker #ExitStrategy #ExitPlanning #Acquisitions #MergersAndAcquisitions #BusinessValuation #Valuation

What's the best time to tell your suppliers that you're selling the business? Chandler and Joe hear this question often from business owners. Their advice? Hold off until the final stages of the deal. -- 🔍 In This Video, You'll Discover: - Why it’s best to wait until the deal is nearly closed before informing suppliers - The potential risks of early disclosure and how it can impact your sale - How to manage key supplier relationships during the transition period - Tips for ensuring that your suppliers continue to support the business under new ownership -- 💼 Why Watch? If you're in the process of selling your business, this video offers essential guidance on how and when to communicate with your suppliers to avoid unnecessary complications and ensure a successful transaction. -- 🔗 Connect with Us: Visit our Website: www.robbinspellegrino.com Follow us on: X: @rpsellsbusiness Instagram: @robbinspellegrino -- Thinking of selling your business? Robbins Pellegrino can guide you through every step of the process. Contact us today for expert advice. #SellMyBusiness #SellYourBusiness #BusinessAdvice #BusinessGrowth #BusinessBroker #ExitStrategy #MergersAndAcquisitions #Acquisitions #BusinessValuation #Valuation