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How Does A Business Write Off Work?

Write-offs reduce the amount of taxable income you have. For example, if you make $100,000 a year and have $10,000 in write-offs, you would be taxed on only $90,000 in income. In some cases, tax write-offs can lower your federal income tax bracket, reducing the percentage you pay on your taxable...

The Top Ten Things Peterson Acquisitions Will Do for You

1. We immerse ourselves in your business to get to know it in order to market and sell it 2. Once we know your business, we prepare a Confidential Information Memorandum, (CIM) which details what you are marketing and how your business operates. The CIM also summarizes your industry...

Things to Consider When Buying Into a Franchise

Should you invest in a franchise? After asking what would make you happiest, to the next one tends to be: “How much will this cost me?” But this business game can be a lot like Let’s Make A Deal unless you’re careful. If the cost rules your playing field...

Step UP to Entrepreneurship by Buying an Existing Business

You have made the decision to control your financial future by purchasing a business. Owning a business is the greatest way to build wealth and take charge of your own destiny. The best way to begin is to meet a representative of Peterson Acquisitions in person, but if that’s...

The Pitfalls of Selling A Business On Your Own

What Can A Business Broker Do For You? Why hire a business broker? The primary reason? Sellers usually don’t have the experience today’s market requires. A business broker can build you an exit plan, streamline the process, help make your business more valuable in the eyes of a buyer...

Why Owning A Small Business Makes Sense

CNBC took a poll.  The results?  Sixty-two percent of Americans have more faith in small businesses than they do corporations. This is great news for entrepreneurs ready to take charge of their finances and their futures. According to CNBC, May 4, 2015, even politicians agree… In modern American politics,...

In The Beginning of Selling or Buying a Business

From a Buyer’s point of view, buying a new business resembles speed dating. Your time may be limited so don’t waste any of it by jumping in without knowing the right questions to ask. This may be a long-term choice.  You want to make sure and choose the right...

How To Stay Productive as a Successful Business Owner

Entrepreneur Magazine recently asked a handful of entrepreneurs how they manage to stay productive. Carol Craig, founder of Craig Technologies, doesn’t push herself past her limitations. A peer once told her that it’s okay to drop the ball occasionally as long as the ball bounces. While she’d rather sleep...

Why Hiring a Business Broker Will Help Build A Better Future!

If you’re not a carpenter, would you build your own house or hire a contractor? If you’ve never plumbed a house on your own, would you attempt this job without assistance? See a pattern? The same goes for buying or selling any business. Hire a business broker unless you...

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