by chelly@marketingwiththeagency.com | Jun 4, 2014 | Buyer FAQ, Valuation
The initial response to the question in the title really should be: “Why do you want to know the value of your business?” This response is not intended to be flippant, but is a question that really needs to be answered. Does an owner need to know for estate purposes?...
by chelly@marketingwiththeagency.com | Jan 10, 2012 | Buyer FAQ
It may be advisable to have an attorney review the legal documents. It is important, however, that the attorney you hire is familiar with the business buying process and has the time available to handle the paperwork on a timely basis. If the attorney does not have...
by chelly@marketingwiththeagency.com | Jan 10, 2012 | Buyer FAQ
A professional business broker can be helpful in many ways. They can provide you with a selection of different and, in many cases, unique businesses, including many that you would not be able to find on your own. Approximately 90 percent of those who buy businesses...
by chelly@marketingwiththeagency.com | Jan 10, 2012 | Buyer FAQ
When you find a business, the business broker will be able to answer many of your questions immediately or will research them for you. Once you get your preliminary questions answered, the typical next step is for the broker to prepare an offer based on the price and...
by chelly@marketingwiththeagency.com | Jan 10, 2012 | Buyer FAQ
Certainly, you need adequate capital to buy the business and to make the improvements you want, along with maintaining some reserves in case things start off slowly. You need to be willing to work hard and, in many cases, to put in long hours. Unfortunately, many of...
by chelly@marketingwiththeagency.com | Jan 10, 2012 | Buyer FAQ
Obviously, you want to consider only those businesses that you would feel comfortable owning and operating. “Pride of Ownership” is an important ingredient for success. You also want to consider only those businesses that you can afford with the cash you...
