Category: Choosing A Business

While I am not necessarily a fan of buying a new franchise, I have always marveled at the concept behind franchises. I believe, in theory, that they provide an exceptionally solid platform for the structure of a business and the…

The past week has been quite interesting for the business for sale sector. A recent survey by Bizbuysell.com of 323 business brokers found that 53% of brokers report they are receiving fewer buyer inquiries than the year before and over…

Traditionally, the period immediately following Labor Day weekend is quite active for those immersed in the process of buying a business. We have always seen a major uptick in the overall activity in our business during this time, and I…

It appears that we are now getting regular doses of encouraging news on all fronts in the business for sale marketplace. While much of this data is skewered simply because it takes current figures compared to past dismal periods, nevertheless,…

I have received far more inquiries and questions recently from people who are thinking about buying a business who are considering doing so with a partner. This is undoubtedly a result of people having less money to invest right now,…

The seasonality in the business for sale market always surprises me, although, after twenty years, I should probably be used to how people go about the process to buy a business. What I mean specifically is that in certain periods…

Although I am a very optimistic person, I am still not at all convinced we are close to making a turn towards a better economy yet, and this is clearly the case in the business for sale marketplace. The tidbits…

We have seen a significant increase in the number of people looking to purchase website businesses recently.Personally, I love the online business model. My company now does business in over 80 countries. The business has no inventory, no receivables and…

It is a fantastic idea to buy a business, have someone else run it, and get a wonderful return on yourinvestment. The problem is that the concept seldom translates into reality.While absentee ownership has been the foundation upon which fortunes…

Before getting into today's topic, I want to thank Don Wilson for the comments he posted in response to one reader suggesting: "The seller should absolutely be prepared to have at least 2 years worth of verifiable financials supporting the…