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How To Compare Businesses You’re Interested in Buying

You’re looking for the perfect business to buy. You find several that interest to you, so it’s important that you compare them.  How do you know which would be best?  Here are several important things to look at.   Financials – Obviously it’s important to take a close look...

How Do You Know the Sale Price of a Business Fair?

The bottom line is that a fair price for a business is the amount the seller is willing to take and the buyer is willing to pay. But before that point is reached in negotiations, buyers want to feel comfortable that the asking price is fair.  The best way...

Before You Buy a Business…Consider An Asset Purchase Agreement

  You’re buying an existing business.  Congratulations! Before you close the deal, here are a few things to keep in mind: Buy the assets, not the business. Under no circumstances should you buy stock in a business. Instead, buy the assets of the business and form a separate company...

Consider Your Talents and Interests When Buying a Business

Buying an existing business represents less of a risk than starting a new business from scratch, but it’s important that you consider your talents and interests. Being honest about your skills and experience can help you make the right choice. Only you can determine the right business for your...

Are You Really Ready to Buy a Business?

Are you ready to be your own boss? Are you ready to get up in the morning and fight like a lion to make it happen? Are you ready to make no excuses and find solutions? Are you ready to feel like you are going to make it against...

The Process: Buying a Business

Unless you are wealthy or some rich relative or friend is anxious to lend you money to embark on this new venture–owning and operating your own business–chances are good you’re going to need financing from a bank or financial institution. The very thought of going though the loan process...