Buying a Business Articles For Entrepreneurs & Small Business Owners12 Things You Absolutely Must Know Before Buying A BusinessBuying a business has been characterized as risky. However, if you do your due diligence, you will reduce the risk into an opportunity. I advocate buying a business when you want to grow more quickly and especially when there are assets that will enhance the total operation. Before you buy a business, consider these factors: […] Top 10 Business Valuation MistakesAs a business owner the business valuation process seems like a big black box. You insert lots of information into it and several weeks later you get a very thick and confusing report that tells you how much your business is worth. The problem is you don’t understand the process or the report and don’t […] The 8 Biggest Mistakes When Buying A BusinessMany people dream of owning a business. I was a teenager when I started my first business. Since then I have bought or started many businesses and helped others do the same. Here are some common mistakes I have witnessed or committed myself. Mistake #1 – Paying too much This results from the combination of […] How To Buy A Profitable Business Without Losing Your ShirtYou may finally be in the position to fulfill your life-long dream of owing your own business and feel that buying an existing profitable business offers many advantages to starting from scratch. That may or may not be true. An existing profitable business will have customers, employees, established product lines and the existing equipment necessary […] Selling A Business To Family MembersThere are nowhere near as many family businesses around as there used to be. They have given way to larger corporations and companies that seem to have very few ties to the modern family. The majority of those family companies and businesses that still do exist are small businesses and may not necessarily have been […] How to Buy a Mortgage Business for SaleThe mortgage business industry can be tricky. You can invest a fortune or a small amount depending on what part of the mortgage field you decide to go into. There are several options available to you when making your decision on which mortgage business for sale to invest in. Membership Mortgage Business One type of […] How To Start A Business In CaliforniaStarting a business for the very first time is incredibly difficult today. Market trends and service demands are extremely hard to predict in the modern marketplace, but if you have a specific state in mind, or even better a specific area of an individual state, then there are hints and tips that can help to […] How To Start A Business In FloridaThere were over 25 million small businesses in the United States in 2006, thus making this sector one of the largest in the country. Hundreds of thousands of people start their own businesses every year in various states but one of the most popular areas for new business is Florida. Starting a business in Florida […] Examining Your Motivations To Buy A BusinessMuch like having children or buying your own home, you cannot just buy a business on a whim. The ramifications if you do are huge and the business is likely to ultimately fail. However, if you have thought about starting or buying a business then the likelihood is that you have begun to examine your […] Small Business Statistics And Failure RatesEver businessman or woman’s worst fear is failure. Unfortunately, small businesses can be extremely vulnerable to certain factors. For example, they may be vulnerable to hard economic times, poor marketing, and other problems such as a lack of owner interest. This does not apply to every small business but does tend to worry owners. The […] How to Buy a Television or Radio NetworkCommunication comes in many forms including television and radio. You will remember that in the past decade there has been a surge not only in the types of music and television programs but in the number of television and radio networks. Some of these networks have grown and become quite profitable while others were disasters […] Evaluating A BusinessDo Your Homework The best time to do your market research is in advance. Here are some key ideas to help you make the right choice before you invest in a product, a service or a business. Bootstrap Your Way To Success One of the best ways to build a business is to start off […] How To Quit Your Job And Buy Your Dream BusinessStarting a new business is a daunting prospect for anybody, whether you are a budding entrepreneur or just an ordinary individual that wants to do what you love for a living. Whilst we all dream about quitting the day job that we hate and working for ourselves, there are many factors to consider and the […] Persistent? … or Wasting Time?What would you do? I had been working with the Seller for two years, one buyer had gotten almost to the finish line and dropped out; others looked and said, “Not enough information,” or words to that effect, and dropped out. But I believed in this company, believed in the profit potential, and believed that […] Business Broker…a WHAT?Everyone has heard of Brokers – Stock Brokers, Mortgage Brokers, even Marriage Brokers. But what is a Business Broker? It is a little known and less understood segment of the Real Estate industry. Simply put, a Business Broker is one who assists an individual (or company) in buying a business or helping a company sell […] Buying a BusinessThe motivations for buying a business are many. A common reason these days is that the person has been retrenched. He or she may be over the age of 40 and the chances of obtaining further employment are slim. He or she will often have received substantial severance pay. To put it bluntly, the person […] Asset Purchase Agreement For Buying / Selling A BusinessThe process of selling or buying a business is an extremely time consuming one that requires an awful lot of paperwork and legal wrangling. It can take months to finalize a deal as a direct result of the negotiations. During that time, the sale or acquisition of the entire business often rests on the negotiations […] The Role Of Business AppraisersIf you are looking to buy or sell a business in the near future then you may want to consult an independent source for an accurate valuation of the business. No matter whether you are buying or selling, you should get your own valuation so you know what sort of figure you should expect to […] The Niceties of Franchise Due DiligenceSorting out your own best mode to invest in a franchise oportunity Don’t Let Passions Rule When Buying a BusinessFor many, the American dream of owning a business is in queue right behind owning a home. I was a teenager when I owned my first business. Since then I have bought or started many businesses and helped others do the same. Here are some common mistakes I have witnessed or committed myself. Paying too […] |
|
