Buying a Business Articles For Entrepreneurs & Small Business OwnersIs Owning a Franchise a Business Risk Worth Taking?For many who are reaping the benefits of franchising, the business model is a highly ideal one. Leveraging known brands often works better and invites more benefits than going through the whole process of creating and establishing their own. Entrepreneurs are also basking on the strategic support that franchisors offer, while also spotlighting the potential […] 12 Questions to Ask Yourself Before You Buy a BusinessGoing into business has so many advantages over being employed. It is challenging, that’s no doubt, but the benefits are worth every challenge. You experience financial freedom like never before, you become your own boss and most importantly, your life becomes one of learning and experiencing new things every day. You may decide to start […] How Much is My Blog Worth?How Much is Your Blog Worth? Here are three key metrics that help website buyers determine the value of a blog. The value a blogger may put on their site is not necessarily the same value a buyer will put on the site. As bloggers, we tend to believe we have a more valuable asset […] Using Lower Level Business Valuations EffectivelyUnder the Statement of Standards for Valuation Services (SSVS) published by the American Institute of Certified Public Accountants (AICPA) there are two types of valuation engagements – calculation and valuation. Certified Public Accountants (CPA’s) who are members of the American Institute of Certified Public Accountants and are engaged to estimate the value of a business […] Tips on Transferring a Lease When Buying a BusinessThe lease of the premises occupied by the business is an important issue when buying a business. A lease is a contract giving the lessee the right to operate a business from the rented premises. It is a legally binding contract between the landlord or lessor and the tenant or lessee. It is for a […] The Top 8 Franchises to Own in 2012If you intend to go into business, you have three options. First, you can start a new business. Second, you can buy an established company, and third you can own a franchise. The last option may have the highest chance to succeed. It has a tested and proven operation system, known brand, training and regular […] The Role of a Lawyer in a Business for SaleSome business buyers buy a business on their own. That is fine, considering the availability of legal business forms and templates. Others, like you, are wiser and more cautious. You want to lower your risk by hiring professionals, which could include a business lawyer, an accountant, a business broker and a property appraiser. They each […] Your Cheat Sheet for Buying a BusinessWhen buying a business, you are buying its future based on its past performance. Your decision to purchase a business for sale will affect your life style and finances. A cheat sheet can minimize your risks and uncertainties. 1. Which business opportunity matches your knowledge, experience and passion? Is the business for sale profitable? Is […] How To Get Business Financing From The SBAThe U.S. Small Business Administration has various loan programs that provide business financing for small businesses. It particularly caters to new and existing small businesses that are unable to secure business loans from lending institutions on their own. In the mid-90s, loan guarantees amounted to about $10 billion. By the 2000s, this has grown to […] 7 Tips to Buying a Business or Franchise for SaleWill you achieve your dreams or plans for the future by buying a business or franchise? Will this fit the lifestyle that you want? Buying an existing business or franchise is advantageous because both have an established customer base and ongoing operations or an operations template. Financing from traditional sources is also easier. Below are […] Business Buyers – Why You Should Get a Business ValuationYou want to start a business by buying an existing company. After considering the pros and cons of the various businesses for sale on the market, you have narrowed down your choice to one business. It is time to make an offer. How much is the business for sale worth, and how do you do […] Expect the Unexpected When Buying a BusinessAfter weeks to months of searching, you find the small business for sale that is right for you. You feel it in your heart that this is your dream business. You want to buy the business right away, making light of the due diligence process and ignoring the red flag warnings. Remember that buying a […] Before You Buy That Small BusinessBuying a business entails some risks but these are less than when you start a new business. An existing business has the necessary equipment and inventory; customers; trained employees; and performance history. Before committing to buy a small business, consider the following. 1. Emerging Threat in the Location A small business for sale may be […] Is it better to start your own business, or “start-up” via an existing business?Starting a business takes a lot of time and energy. As time goes on, there are a lot of expenses that come into the picture: rent for the location, equipment, payroll, insurance, and more. Just getting together marketing materials can cost a lot of money. Some new businesses succeed but many do not because the […] 3 Key Tips on How to Buy a Business for Sale1. Conduct the due diligence process thoroughly Request pertinent documents from the seller. Be organized so you can cover all aspects of the business. Look over the financial records. Investigate the industry, competition, location of the business, contracts, and marketing. Observe its daily operations and employee-client interaction. 2. Seek the help of professionals Spend money […] Buying a Business – 7 Things You Need to KnowAn entrepreneur appreciates the benefits of buying a business compared to starting his or her own business. An existing business has laid its foundation, saving the new owner time, money and effort to hurdle the birth pains of a new business. It has trained employees as well as product brands and a company name known […] Should You Buy an Existing Business for Sale?Buying an existing business has a better chance of success than starting a new one. You avoid the hassles of building a reputation and customer base or market. It is quicker and easier. However, you need to find the right business for you. Advantages of Buying an Existing Business 1. The necessary permits and licenses […] Buy a Business – Asset Purchase vs. Stock PurchaseBuying a business, especially if it is your first time, can be overwhelming. Will you purchase the assets of the business, or its stock? Which is more beneficial for you? There is no clear-cut answer to this question as it really depends on your circumstances. In an asset purchase, you buy the company’s assets – […] Red Flags to Look For When Buying a BusinessBuying a business is generally safer than starting a new one. An existing business has established its presence in the market. It has regular customers or clientele who are aware of the products or services the company offers. It has employees who know how the business operates. You can review its financial and operational history […] Are You an Entrepreneur When You Own a Franchise?There is an increase in recent years of people working for themselves rather than for someone else. The economic recession is partly responsible for this as many people have lost their jobs. With some money saved, the unemployed have become entrepreneurs. They are now their own bosses. They may have bought an existing business, started […] |
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