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Category: Legal Considerations

Repossessing Your Business After a Sale: Not as Bad as You Might Think

One common fear among business sellers considering seller financing when selling a business is the possibility, no matter how slight, that the

5 Things to Include in Your Letter of Intent (Besides the Purchase Price)

Your letter of intent (LOI) is a critical piece of the business acquisition puzzle. But if that’s the case, then

The Truth About Confidentiality When Selling your Business

Keeping it quiet about the upcoming sale of your business is mandatory and really one of the most important aspects

Seller Question #2: How is My Equipment Handled in a Business Sale?

When you sell your company, the equipment used in the operation is included in that sale. Any asset that helps

Seller Question #6: How do I Maintain Confidentiality When I’m Selling my Business?

Maintaining confidentiality during the process of selling your business is critical – there is simply no sugarcoating this statement. It

A Non-Compete Shouldn’t Be a Trap: How Non-Competes Work in Oil and Gas

A Non-Compete Shouldn’t Be a Trap: How Non-Competes Work in Oil and Gas

Anatomy of the Asset Purchase Agreement

Whether you intend to sell or buy an existing business, odds are that your transaction will be governed by an

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Scot Cockroft Business Broker
Hi, I’m Scot Cockroft.

When I founded Sigma Mergers and Acquisitions back in 2003, I had sold my business the year prior.

Now, that can sound good, but let me tell you, back in 2003, it was not easy to sell a business. Not that I’m saying in modern day times it’s easy to sell a business, but back then I interviewed broker after broker after broker, and no one was interested in actually seeing the value that my business brought to the table.