Purchasing a business abroad involves unique challenges and factors. There are considerations to keep in mind that you typically won’t face when buying a local business. The decision to invest internationally is complex and influenced by various elements. Let’s take…
When people dream of becoming business owners, they often picture launching their own venture. They may picture building something from nothing, and the fulfillment of turning a concept into a company. While exciting, this path comes with plenty of hurdles,…
“You’ve got to be very careful if you don’t know where you’re going, because you might not get there.” Yogi Berra Preparing to sell a business means more than simply sprucing up its operations. To get the highest…
What is an SBA Loan? An SBA loan is a loan to help finance small businesses. SBA is an acronym for Small Business Administration SBA loans are issued by a bank or other financial institution directly to small businesses SBA…
When considering the purchase of a business, asking the right questions is essential. Whether you’re a first-time buyer or a seasoned entrepreneur, you’ll want to avoid unpleasant surprises down the line. One way to do that is to be…
The concept of combining businesses is a tried-and-true strategy. A classic example of this strategy is the tailor next to the dry cleaner. This is a combination that has been part of commerce for a long time. Today, however, this…
They aren’t talking about you. 4 reasons Mainstreet business owners need to stop relying on media to value their small businesses. One of my greatest frustrations as a business intermediary is seeing my clients receive bad information from…
When deciding to buy a business, prospective buyers sometimes are faced with the following choice: Do I buy an existing independent business, or do I start a new franchise? Some of the advantages of an existing good independent business…
Spring cleaning your business this season can set you up for success in an upcoming sale and improve your day to day operations. It’s commonly estimated that around 15-20% of small businesses are for sale at any given time.…
As we step further into the 21st century, the landscape of business is changing. While there are always new challenges on the horizon, the core principles of achieving success in business remain largely unchanged. Have you considered how well you’re…
Businesses can face various challenges, and many issues that arise are not always immediately obvious. However, there are common signs to look for when a company is in trouble or headed in that direction. Recognizing these signs early is crucial,…
Once the deal is sealed and the closing is complete, many business owners might think their job is done. However, ensuring that the transition to the new owner goes smoothly is crucial not only for the business’ continued success, but…