Quality employees are essential for the long-term success and growth of any business. Many entrepreneurs learn this simple fact far too late. Regardless of what kind of business you own, a handful of key employees can either make or break you. Sadly, businesses have been...
Where your money is concerned, myths can do damage. A recent Divestopedia article from Tammie Miller entitled, Crazy M&A Myths You Need to Stop Believing Now, Miller explores 5 big M&A myths that can get you in trouble. Miller points out that many of these...
Before buying any business, a seller must ask questions, lots of questions. If there is ever a time where one should not be shy, it is when buying a business. In a recent article from Entrepreneur magazine entitled, “10 Questions You Must Ask Before Buying...
A recent article on Businessbroker.net entitled, First Time Buyer Processes by business broker Pat Jones explores the process of buying a business in a precise step-by-step fashion. Jones notes that there are many reasons that people buy businesses including the desire to be one’s own...
SBA Financing - Finding the Best of the Best How do you buy a really great business with the minimum amount out of your pocket? In short, you acquire an existing business! Acquiring an existing business provides you with many advantages over other types of startups. ...
What exactly does the term “goodwill” mean when it comes to buying or selling a business? Usually, the term “goodwill” is a reference to all the effort that a seller puts into a business over the years that he or she operates that business. In...
Advantages of Buying an SBA Pre-Qualified Business One of the best ways to become an entrepreneur is to acquire an existing business. Quite often, the best way to acquire an existing business is by using an SBA loan. SBA backed lenders help Business Buyers acquire existing,...
Business appraisals are not one-dimensional. In fact, a good business appraisal is one that factors in a wide range of variables in order to achieve an accurate result. Indisputable records ranging from comparables and projections to EBITDA multiples, discount rates and a good deal more...
Due Diligence and Buying a Business You have found a business that looks great but you want to make sure it is performing as well as the Seller claims. It is time for due diligence! Most of the time, a Seller will not give you all the...
You’ve started to explore the option of buying an existing business but you have a lot of questions and aren’t really sure where to start looking for information or answers! Well, let us help you get started. This post contains 11 key points that that you...
