Entrepreneur

How to Buy a Business With Seller Financing

A look at when seller financing makes sense and how to vet the deal.
Source: Trypode/Flickr

Advertising and publishing veteran Janelle Regotti was looking for a business to buy. The right opportunity presented itself last year when she found Guide Publishing, a company that distributes a quarterly resource guide for Northeast Ohio seniors. The only catch: Regotti didn’t have the $500,000 asking price. 

With few physical assets to borrow against, she was unlikely to get a bank loan. So with

You're reading a preview, sign up to read more.

More from Entrepreneur

Entrepreneur12 min readEntrepreneurship
This Company Finds Tough Problems In the World, Then Launches Startups to Solve Them
Kairos is a company that creates companies. And those companies have a mission: Solve the problems that really need solving.
Entrepreneur3 min read
Here's How People Successfully Work With Friends, Family and Even Their Spouse
When I say that my wife and I wrote a novel together, people’s first reaction is almost universal: “You’re still married?” The idea seems terrifying -- but we loved it. The project took us three years, and though we had disagreements along the way, w
Entrepreneur6 min readEntrepreneurship
Malcolm Gladwell's Advice to Entrepreneurs: 'Don't Be One Thing'
The author and podcaster believes entrepreneurs and creatives should think of themselves as ever-adaptable -- open to opportunities wherever they come.