Chaynuk.com

Archives: FAQs

Do I need M&A advisor service?

No, you do not. However, we can be involved in the steps and if required we can even assist. There is a consultative cost associated with it. Please contact us to inquire about the price.

What is M&A?

M&A stands for Mergers and Acquisitions which is consolidation of companies. If there is a division that is being sold within the company, that would be an acquisition for a buyer. If two companies would like combine combine companies, that would be mergers.

How much time is required for buying a business?

Usually bigger and old running businesses deals close early and sooner. It also depends on the seriousness of the buyer. Furthermore, it depends on the due diligence reports, checking on company and tax registration with proper government authorities.

Do I need Chaynuk.com service as a due diligence on buyer or seller?

No, you do not. However, we can be involved in the steps and if required we can even assist. There is a consultative cost associated with it. Please contact us to inquire about the price. Furthermore, due diligence helps to authenticate lots of factors about the seller and the buyer. It removes ambiguity and assumptions.

Do I need Chaynuk.com service as a broker?

No, you do not. However, we can be involved in the steps and if required we can even assist. There is a consultative cost associated with it. Please contact us to inquire about the price.

What is my business’s financial worth from buyer’s perspective?

Business financial worth depends on several factors. As an investor, your accountant or investor’s appraiser and can tell about business’s financial health. Usually, liabilities does not attract buyers. On the other hand, buyers do consolidate the liabilities and purchase the company either to grow or disperse company into several divisions. We do not provide this Read more…

How much time is required for selling a business?

Usually bigger and old running businesses deals close early and sooner. It also depends on the seriousness of the seller. Furthermore, company and tax registration with proper government authorities makes it easy to cement the deal.

Do I need Chaynuk.com service as a broker?

No, you do not. However, we can be involved in the steps and if required we can even assist. There is a consultative cost associated with it. Please contact us to inquire about the price.

What is my business’s financial worth from seller’s perspective?

Business financial worth depends on several factors. As standard, a catchy domain name, number of years purchased, income; if there is any, product branding, etc. Your accountant, appraiser and your financial statements can tell about business’s financial health. We do not provide this service. However, we can be involved in the steps and if required Read more…

Is Chaynuk.com a business broker?

No, we are not. We are a marketplace. However, we work with other business brokers and M&A lawyers to complete the transactions. We hand off the potential buyer or seller to business brokers or M&A lawyers.

How would I know the buyer is an authentic buyer or seller?

There is a due diligence check on buyer and seller. A seller needs to know if the buyer is serious to purchase and have funds and not wasting time. On the other hand, a buyer needs to know if the seller is actually selling an authentic business; properly registered with government and tax authorities and Read more…

What is the definition of due diligence?

Natural steps to be taken by a person or a company without offencing laws or anyone to undertake a prospective seller or buyer to establish its assets, and liabilities. In result, evaluating commercial potential.

Can I delete my information?

Yes, you can. If you are logged in, then go to Account > User Profile. You will see a gear box icon, click on it and click on My Account. Then look for Trach Can icon and click on it. This trash can icon will delete your profile immediately.

Why do I need to register?

You are serious seller and buyer To communicate with other parties using private message To market your business in marketplace.