First National Business Corporation

06/16/2026

We just closed on a very nice manufacturing company. Congratulations to all involved, from the seller and buyers, to the title company and banker. Everyone worked hard to put the deal together.

The transaction involved a number of third-party contributions. The bank required appraisal of both the real estate and the equipment to be sure it had adequate collateral.

The buyer actually had a deal with a local bank, but some of their collateral requirements, in his opinion (and I agree) were excessive, so he went to a second bank. They were eager to make the loan and made it happen.

Each deal has a life and challenges of its own. It is one of the best facets of . No two deals are the same. But they all require the following:

Good faith and honest dealing between the parties.

Willingness to compromise on non-essential issues.

Absence of “take it or leave it’ mentality.

The parties don’t have to become best friends. But civility and appreciation for what each party brings to the table are crucial.

If we can help you or someone you know, buy or sell a business let us know. are the best!

04/20/2026

Why not have an evaluation done?

Sure . . . you may not even be thinking about selling your business today. Or a year from now, or five years from now. So, who cares about what your business might be worth today?

Here are a few reasons why you should care!

Life and business are often unpredictable. What appears today to be something that you plan to do for the next ten or twenty years can change rapidly. Due to health. Due to inheritance. Maybe due to significant family issues. We don’t want to dwell on that, but reality can change quickly for any of us. Preparedness in all things is a virtue. So is knowing what I could sell my business for in a reasonable time period.

Benchmark. If you are organized, and we hope that is the case, you may have an exit plan all figured out. But if you do, a key element in that plan is what am I going to do with the proceeds from the sale of my business? All the more reason to consult with experts to determine what those proceeds may be. A process which can begin with a determination of what the likely selling price is today, so you can consistently check back at regular intervals to be sure that number is growing in a good way.

First National Business Corporation can help you get started with a free, no-obligation evaluation that incorporates three key elements-what a business owner hopes to gain from a sale, how attractive your business will be to potential buyers, and how will lenders react to a deal in the making.

Maybe you should call or email us today to talk about how we go about performing an evaluation. There is nothing to lose and maybe a whole lot to gain.

Call now to connect with business.