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Posts contributed by Tawnya Gilreath, CBB
The following posts were contributed by Tawnya Gilreath, CBB.
Posted on July 29, 2009

How Escrow Protects You In A Business Transaction

In dealing with business sales, often times the Seller or the Buyer will ask about the use of an escrow company. The seller may say, Why can't the buyer just pay me cash or give me a cashier’s check? Tawnya Gilreath a Los Angeles County business broker discusses why it's always a good idea to utilize specialized escrow services to close a deal.

Posted at 8:29am | 9 Comments

Posted on July 15, 2009

Why Earnest Money Deposit Requirements Can Be High

Tawnya Gilreath a Los Angeles area business broker explains why earnest money deposits serve two purposes. First, they show the Seller that you are serious about buying the business. Secondly, in the event that you as the Buyer default on the purchase agreement after due diligence and other contingencies have been removed, the earnest money deposit typically serves as liquidated damages to the seller.

Posted at 8:09am | 7 Comments

Posted on June 29, 2009

Selling A Business With A Month-To-Month Lease

There is no "one size fits all' answer or solution in business transactions. That is part of the challenge. Every business is unique as is every Buyer and every Seller. Tawnya Gilreath explores the issue of month to month leases in this blog/article.

Posted at 5:15am | 4 Comments

Posted on April 14, 2009

Errors Buyers Make When Searching To Buy A Business

Often business buyers actions cause a deal to tank but they never know why. Tawnya Gilreath a Los Angeles County business broker discusses what mistakes business buyers make in the search process to buy a business and provides an outline of what behavior is best in dealing with business brokers and owners.

Posted at 10:05pm | 2 Comments