Some owners choose to sell because they feel as though they’ve taken the business as far as they can, and they need someone else to step in and advance the company. They might not be ready to retire, but they realize that they’re not able to run the same company anymore.

Not all companies will go up for sale with a clean slate. Sometimes sellers need to unload debt ridden or money-losing businesses. Working out the business financing for these businesses can prove to be more difficult than finding business financing for rising companies. However, that is not say that the task cannot be done.

The most obvious sources of capital that a buyer can use to buy a business is his or her own money. One of the main benefits of this is that the buyer has complete control over the situation. When a third-party lender is used, there are many hurdles that are implemented on the buyer. However, using their own money removes those external limitations.