Should You Start a Business…or Buy One?

Should You Start a Business…or Buy One?

So you want to be your own boss. There are certainly pros and cons to both buying and starting a business. If you do a careful analysis, you’ll learn what many seasoned entrepreneurs have discovered…the risk-to-reward ratio is tipped in your favor when you purchase an...
6 Key Steps to a Successful Business Search

6 Key Steps to a Successful Business Search

Buying a business is a process that takes time. It can sometimes take years to find the right opportunity. Here are the key steps to follow in the business search process. Start with a self assessment. Ask yourself why you want to buy a business. What types of work...
One Way to Decide When to Sell a Business

One Way to Decide When to Sell a Business

How do you know the right time to sell your business? One answer to this age-old question is that the time to sell is when someone else is willing to invest more in your business than you are. When you start a business, nobody is willing to invest in its success more...
The Big Thing Holding Back Small Businesses

The Big Thing Holding Back Small Businesses

Small businesses stay small either by choice or because they start chasing growth in the wrong places. When you strip away the layers, it all comes down to darts. Imagine a dart board with a bull’s eye. Around that center point is a series of wider and wider circles....
4 Common Business-Selling Misconceptions

4 Common Business-Selling Misconceptions

Here are four of the more common beliefs about selling a business that, often as not, do not pan out. Owner distributions are automatically included in SDE used in pricing a business. They are not. Owner distributions could be coming from monies that have been on the...

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