Why even consider starting a business in 2018? Do you have a great job? Are you satisfied being an employee? If so – then you shouldn’t waste your time reading this article! On the other hand, if you’re tired of working for others – and would like to gain financial independence – “be your …
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 …
The NASDAQ continues to show erratic behavior and the unemployment picture remains uncertain despite recent government intervention. In spite of disappointing economic news, there are some terrific opportunities out there for entrepreneurs who want to buy an existing small business. Uncertain times for some can be advantageous times for others—it’s all in how you approach …