When you’re buying an existing business vs. doing a start-up, it’s an exciting opportunity to leverage an established brand and pay yourself on day one, but how can you be sure that you are buying a good business? There are a host of things that require your attention and one of the most importa
READ MORE »If you are searching for a business on internet, you should know that, unfortunately, most of the businesses that you see will never sell. This could possibly be due to the business being overpriced, the financials are in poor condition, or a number of other reasons. We can help. Ask yourself thi
READ MORE »Coronavirus. Yep, we’re jumping on the bandwagon. Why on earth are we, business brokers, talking about Coronavirus?! It has nothing to do with buying or selling business, right? Hang with us for a minute… Last week, the Federal Reserve cut interest rates by 50 basis points (0.50
READ MORE »Non-competes. You’ve probably been exposed to them at some point. Perhaps you have employees sign them or maybe you have signed one yourself at some point. Non-competes are also a very important component of a business transfer. Imagine this: You bought a high-end restaurant. Since you struck a
READ MORE »In addition to eating a ridiculous amount of candy corn, with Halloween around the corner, we’ve been thinking about all things scary. Here are some things that can make an entrepreneurial leap a little more comfortable. If you’re a business owner looking to sell, take note of these things too a
READ MORE »Businesses grow in one of two ways: organically or by acquisition. Growing organically means that you grow slowly but surely over time as the demand and money allows. When you grow by acquisition, you buy another company and absorb them into your organization. Growing by acquisition can be a great b
READ MORE »In an academic setting, a discounted cash flow model sounds like a completely reasonable form of valuing a business. You project out the anticipated cash flows for 5-10 years, use a discount rate and look at what those future cash flows are in present day dollars. The formula for this is usual
READ MORE »As we talk to clients who are considering going into business for themselves, many have never thought about buying a franchise. Some are so convinced that franchises are out of their league that they don’t even want to talk about the possibilities. When one thinks of franchising, t
READ MORE »If you have been searching for a business on your own, you know that it can be frustrating and time consuming. Ask yourself, are you serious about buying a business? When you are ready to buy, we would like to help you find that perfect business. Of course, we first will have you consi
READ MORE »There is an inherent rub when a buyer and seller are trying to negotiate the sale of a business. The buyer wants the lowest price and the most favorable terms possible. The seller wants the highest price and to protect themselves while minimizing their tax bill. Here are a few ways you can help y
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