5 Musts When Considering Buying a Business
When preparing to buy a business, it is essential to understand its true value. This blog post identifies five important steps in determining business value.
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The Importance of Understanding Leases
Leases should never be overlooked when it comes to buying or selling a business. After all, where your business is located and how long you can stay at that location plays a key role in the overall health of...
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Goodwill & Its Importance to Your Business
What exactly does the term “goodwill” mean when it comes to buying or selling a business? Usually, this term is a reference to all the effort a seller puts into a business over the years that he or she...
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Ready to Take Control & Become a Business Owner? 3 Questions to Ask Yourself.
Many people know owning a business isn’t for them. But for others, the appeal and lure of owning their own business and gaining a greater measure of control over their future can be powerful. If you are uncertain as...
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4 Negotiation Tactics
When it comes to acquiring or selling a business, negotiation is vitally important. But it can also be complicated. Unfortunately, many prospective business buyers and sellers overlook the significance and complexity of negotiation. There are four basic ways to...
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Are You Sure Your Deal is Completed?
When it comes to your deal being completed, having a signed letter of intent is great. While everything may seem as though it is moving along fine, it is vital to remember that the deal isn’t done until many...
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What is a Term Sheet and Why is it Important?
Buyers, seller, advisors, and intermediaries often mention use of a “term sheet” prior to the creation of an actual purchase or sale agreement, but rarely will you hear the term explained. What is a term sheet and why is...
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5 Reasons Buying a Business is Preferable to Starting a New One
If you are considering running your own business, one of the first questions that might pop in your mind is: Should I start a new one or buy an established business? In this article, we’ll take a closer look...
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