Leases should never be overlooked when it comes to buying or selling a business. After all, where your business is located and how long
Buying a business can be an exciting prospect. For many prospective business owners, owning a business is the fulfillment of a decades long dream.
The Letter of Intent has been signed by both buyer and seller and everything seems to be moving along just fine. It would seem
Before answering the question, it makes sense to first ask why people want to be in business for themselves. What are their motives? There
There are several key factors on the acquirer’s side of a sale, most of which are necessary to achieve a successful closing. Just as
There is the oft-told story about Ray Kroc, the founder of McDonalds. Before he approached the McDonald brothers at their California hamburger restaurant, he
1. Established. An existing business is a known entity. It has an established and historical track record. It has a customer or client base,
For a business to sell, there has to be a seller – and a buyer. The buyer of today is a bit different than
Most prospective business buyers really don’t know from the outset the exact type of business they want to buy. Experienced business brokers and intermediaries
Statistics reveal that out of about 15 would-be business buyers, only one will actually buy a business. It is important that potential sellers be
Today’s independent business marketplace attracts a wide variety of buyers eager for a piece of ownership action. Buyers of small businesses are most likely
In many cases, the buyer and seller reach a tentative agreement on the sale of the business, only to have it fall apart. There
