Entrepreneurs don’t become successful by accident — it takes extreme dedication and hard work. Understanding what traits highly successful entrepreneurs possess will help you identify what is required to achieve your goals. Here are eight traits that will help you become a successful entrepreneur. 1) They understand what is happening in their business at all times. …
Business sales are rarely completed without some type of financing. Therefore, you’ll need to know where the buyer is going to get the money to purchase your business. Generally, the money will come from either third-party financing or seller-financing or a combination. It is important to know what you are getting into if you finance …
Few people who wish to buy a business have the kind of cash it takes to pay 100 percent of the purchase price up front. Some sort of financing is almost always necessary. The traditional path to financing the purchase of a business involves sitting down with a banker, filling out a loan application, and …
There’s an old saying that states, “Free advice is worth what you pay for it.” While this is true in many situations in life, how does this homily apply to buying a business? After all, anyone who wants to buy a business will need some serious advice on the matter. They will want answers to …