There are advantages of buying an existing business but determining how much to pay for it can be challenging.  By following a rational process and completing proper due diligence, you can gain an edge in negotiating the price and terms to avoid unwanted surprises after closing.

• My background is in Commercial Lending to small businesses.  During my 40-year career I’ve been involved with hundreds of decisions on loan requests, reviewing and assessing business plans and presenting recommendations to bank loan committees.  I’ve also been involved in numerous buy/sell situations, and workout plans for troubled businesses.

Presenter’s Bio: Scott Niday has a robust background as a Regional Director in the financial services industry. Scott’s skill set includes negotiation, commercial lending, customer service, credit analysis, and customer relationship management (CRM). His tenure as Regional Director – Commercial Lending at Ally Financial Inc. exemplifies his proficiency in these areas.

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Registration Information:

• Upon registering you will receive a confirmation email with the SCORE Zoom link to attend.
• You do not need a Zoom account to participate.
• Please connect 5 minutes in advance to be sure you have a good connection. The workshop begins promptly at Noon and concludes by 1 PM Central Time.