“Investing in your Success”

Spring-Green Acquisition

Exit Planning: Building Your Franchise for a Successful Future Sale

For franchise owners, your business isn’t just your current livelihood—it’s also one of your most valuable future assets. Whether retirement is around the corner or decades away, having a solid exit plan is crucial for maximizing the value of your franchise when it’s time to move on. But what exactly is exit planning, and why should every franchise owner make it a priority? What Is Exit Planning? Exit planning is the strategic process of preparing your business for an eventual ownership transfer. Think of it as planning your business’s future […]

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What is Seller Financing and Why Does it Matter When Buying or Selling a Business?

Seller financing (also called owner financing) happens when the business owner agrees to accept payments over time rather than getting all their money at the time of closing. As LendingTree explains, “After making a cash down payment of 10% to 50% of the purchase price, buyers may finance the rest with seller financing, sometimes in combination with loans from traditional lenders” (LendingTree, 2024). You’ll typically make a down payment and sign a promissory note outlining: The payment schedule Interest rate Term length (usually 3-7 years) Any collateral requirements Five Advantages […]

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What Is a Letter of Intent?

A Guide for Green Industry Business Acquisitions In the world of business acquisitions, few documents are as important as the Letter of Intent (LOI). If you’re a green industry business owner considering selling your business or looking to acquire another company, understanding the purpose and components of an LOI is crucial to a successful transaction. This brief guide will walk you through everything you need to know about Letters of Intent in the context of business acquisitions, particularly for green industry professionals. What Is a Letter of Intent? A Letter […]

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Successful Business Succession Planning: Ensuring a Smooth Transition

For many business owners, business succession planning is an afterthought—until it becomes a necessity. Whether you’re preparing for retirement, seeking new ventures, or simply looking to transition out of your current business, having a strong succession plan ensures a smooth process for you, your employees, and your customers. At SpringGreen, we specialize in helping business owners transition seamlessly by offering acquisition opportunities that preserve your hard-earned legacy. Why Business Succession Planning Matters Without a clear succession plan, businesses risk losing value, customer trust, and operational stability. A structured transition strategy […]

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Why P&L Statements Are Critical When Selling Your Business

The letter P, the & sign and the letter L are sitting on top of coins. The P stands for profit and has the most amount of coins and it goes descending with the &, and the L on top of the lowest amount of coins.

Selling your business is a significant decision that requires preparation and transparency. One of the most important tools you can have in this process is a comprehensive and accurate Profit and Loss (P&L) statement. These financial documents are more than just numbers—they’re a window into your business’s health and a key to attracting serious buyers. What Are P&L Statements? A P&L statement, also known as an income statement, is a financial report that summarizes your business’s revenues, expenses, and profits over a specific period. It provides potential buyers with a […]

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