Why More People Do not buy a business? Introduction You may not believe what they say yourself, but if you have been in the business of buying businesses for a long time you’ve heard someone repeat this time worn statement. “One in 14 buyers actually buys a business.” The business brokerage industry throws around this […]
The time to get advice is early in the game, not after you have signed a purchase agreement and suddenly find that you have only 10 days to complete all due diligence Many people look for a good, profitable business of any type. That makes sense… or does it? People such as this are not […]
Being able to trouble shoot a problem is an art that must be developed. Though there are those who think they are naturally good at it. There are a very small number of business schools that actually train you in the art of doing this, I only know of one.
Don’t let your business purchase lead you into becoming the victim of white-collar crimes. Find out more from our business buying experts.
Putting a value on a business is a separate function from auditing, evaluating or doing “due diligence.” There are three or more generally accepted methods of valuing a business. These are: Comparable sales: What have other similar businesses with similar financial information sold for?
When buying a business one has to see what is not on the financial documents that are provided by the seller. To do that you need to graduate the Sherlock Holmes College of Observation. Mr. Holmes was famous for seeing small clues that appeared to others to be meaningless. But in truth they were the […]
Pet Business Due Diligence “Bill” and his family were looking for a dog kennel and went on to the internet and started looking at various “Businesses for Sale” web sites. He located a dog kennel for sale with real estate in another state. Bill and his family had experience with boarding animals so it seemed the perfect business.
Getting the True Value of a Business. In the business broker community there is a review process that helps a buyer determine if a business purchase makes sense or not. This check can be done by a Fortune 500 company where everything is figured down to the penny and takes 1000 hours of research or […]
Should you allow a Dual Agent or Get your own buyer’s Agent? A Changing, More Aggressive Business Buying Market Yesterday, I was reviewing a buyer’s signed escrow instructions. He came to me after signing the escrow instructions and purchase contract, as his agent had said he should. His agent said he needed to hire someone […]
Do you want to start a business and be successful? In the movie and play South Pacific there is a song called “Happy Talking.” The words to that song go something like this (feel free to sing along if you know the tune): “Happy talk, keep talkin’ happy talk, Talk about things you’d like to […]
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Business Buying Services
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