Intro: As a business broker I often receive enquiries from interested buyers with great ambition, drive and desire to buy a business- but with little funds available. In the process of concluding the NDA the questionnaire requires the enquirer to indicate how much cash resources they have available as well as the amount of collateral […]
A gift and not a sale
It’s a Gift! The recent transaction where the Gupta Company Oakbay Resources sold their media interests in ANN7 and New Age to be paid by “VENDOR FINANCE” made me decide to share my thoughts on why this is simply a gift and not a sale. Vendor Finance by definition is where the purchase price as […]