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…
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…
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…
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…
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…
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…
Leases should never be overlooked when it comes to buying or selling a business. After all, where your business is located and how long you can stay at that location plays a key role in the overall health of your…
Buying a business can be an exciting prospect. For many prospective business owners, owning a business is the fulfillment of a decades long dream. With all of that excitement comes considerable emotion. For this reason, it is essential to step…
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…
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…
SBA Loans If you’re planning to start a business or expand an existing business, you might need financing help. SBA participates in a number of loan programs designed for business owners who may have trouble qualifying for a traditional bank loan.…
When most people start thinking about different business ownership opportunities, they realize that there are plenty of choices. We always recommend finding something to do that you will love. Of course you have to choose a business that is within…