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Microfranchising as a First Step to Small Business Ownership
Franchising is an increasingly important part of the American business landscape. It comprises about 5% of businesses in America and generates about 8% of all private sector jobs. According to...
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Selling Your Business: 5 Important Considerations
Selling your business involves more than simply cleaning up your offices and making sure you have a website. If you put some strategy into the process and use these five common sense rules you will go...
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When Buying a Business, Don't Ignore Its Digital Assets
By Christian NellemannFor anyone buying a business, a company's value is determined by both its tangible and intangible assets. One intangible asset that brings a lot of value today is a company's...
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The Right Way to Get a Franchise Loan
There are many steps that need to be taken before diving into the complex task of buying a franchise, the first of which is to check your current credit score. The best place to do this is at...
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Franchise Research: The Importance of Talking to Existing Franchisees
In the hunt for a great franchise investment and researching franchise opportunities, the long-time advice has been to talk to existing franchisees. There is something intrinsically valuable about...
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Top 10 Financial Habits of Warren Buffett
Warren Buffett is one of the greatest investors of our time and the quintessential self-made man, known as much for his philanthropic efforts as for his immense wealth. The Chairman and CEO of...
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It’s Never Too Late: Baby Boomers Reinvent Retirement
With all the stories about young tech stars founding multimillion-dollar tech startups, it’s easy to think that Millennials are responsible for the bulk of entrepreneurial activity these days....
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Buying a Business vs. Starting Your Own
Buying a business is a unique experience. Though a lot of people assume it’s like investing in a franchise, I don’t think that’s a fair comparison.I bought the company I now run, and it was a very...
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5 People You Should Talk to When Buying a Business
When you’re shopping for a business, there are a lot of important questions to ask. In the process of due diligence, you need to assess the value and viability of a business, and you need to ask for...
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Buying a Business? Follow These 4 Steps to Keep Valuable Employees on Board
Whether you are selling a business or buying a business, it is always an exciting time when a small business sells. Buyers are full of hope and dreams about how the newly acquired business can grow...
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Who Are Today's Small Business Buyers and Sellers?
The market for small businesses is sizzling—making it a good time to look into either buying a business or selling your current venture. Sales of small businesses are projected to increase in number...
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Should You Start Up or Buy Your New Business? 12 Pros and Cons
By Bruce HakutzwiThe path to entrepreneurial success is wide. There are all kinds of intersections and offshoots that form millions of combinations, and no one path is going to be perfect for...
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Businesses for Sale: Who’s Buying and Who's Selling?
The U.S. market of businesses for sale is on a hot streak. Small businesses are selling for record-breaking prices, according to BizBuySell, a marketplace for small business buyers and sellers....
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Make This the Year You Finally Buy a Business
Should this be the year you finally start your own business? If you ask the experts at BizBuySell.com, the answer is a resounding “Yes.” According to BizBuySell.com's Annual 2018 Insight Report, 2019...
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3 Biggest Challenges Every Franchisee Faces—And How to Overcome Them
By Josh Cohen When you buy a franchise, you’re not starting a business from scratch, but you still have work to do. Many new franchisees underestimate what it takes to succeed—they don't realize...
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2 Shortcuts to Starting Your Own Business
Are you dying to start a business–now? Entrepreneurs are impatient by nature, so going through all the steps required to start a business—from writing a business plan to finding a location and...
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How to Negotiate a Business Acquisition Letter of Intent
In acquisitions of privately held companies, an acquisition letter of intent/term sheet is often entered into by both parties. The purpose of the letter of intent is to ensure there is a “meeting of...
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A Guide to Succeeding in Business Negotiations
To successfully negotiate a business deal you have to be prepared, observant, professional, and much more. In this article I provide a number of tips for conducting business negotiations and closing a...
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Buying a Business? 5 Important KPIs to Review Before You Buy
By Callie McGillBusiness owners looking to grow their companies generally have two options: expand organically or acquire another business. Buying an existing business may involve more upfront costs,...
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Top 6 Things to Know Before Buying a Liquor Store
By Bruce Hakutizwi Liquor stores can be a very stable option for those looking to acquire a business of their own. But just like any other business, liquor store owners who are more likely to succeed...
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Selling a Business: Entity Sale vs. Asset Sale
When selling a business you have two options: You can opt either for an “entity sale” or an “asset sale.” Making the right choice between the two can help minimize the taxes that you will owe once the...
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What Types of Franchise Support Should I Expect From My Franchisor?
There are many benefits to buying a franchise versus starting a business on your own. You're getting a "ready-made" business that includes brand recognition and an established customer base. However,...
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Thinking of Buying a Business in 2023? Here's the Market Outlook
Are you considering buying a business? Then, you may be in luck. According to a survey of business brokers in the latest BizBuySell Insight Report, in the first quarter of 2023 most (42%) think the...
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Buying an Independent Business Vs. a Franchise: Which Is Better?
By Jeff SwiggettYou would love to operate your own business, and over the years you've set aside money to invest in a company to fulfill this lifelong dream. And when it finally comes time to running...
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What to Do Before Buying a Business
Buying an existing business can provide advantages including existing operations and customers, immediate cash flow, an existing brand and goodwill, and many more. But if you are thinking of buying a...
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Should I Buy a Business or Start My Own? How to Decide Which Is Right for You
By Rick Smith When it comes to making any new purchase, you’re usually presented with the option to go secondhand, whether it's a used car over a brand new model, a period house over a new build, or...
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Buying a Distressed Company: Due Diligence and Other Key Issues
By Daniel Lopez, Richard Vernon Smith, Douglas S. Mintz, and Richard HarrochThis article highlights the unique opportunities and risks associated with acquiring a distressed private technology...
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Should I Buy an E-Commerce Site? How to Make Money With an Existing Site
Make money online!How many times have you seen those words on an email subject line or emblazoned across a piece of clickbait?I don’t think I need to tell AllBusiness readers that the information...
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