Buying a Business

You might already be thinking about buying a motel or hotel, but how do your research a potential property on your own without a business broker? When a motel is listed as “for sale by owner,” it is important to prepare your questions ahead of time and research comparable listings in the area. Without broker’s fees, the transaction will likely be much less expensive for both parties, making it a wise investment, but not every hotel or motel is worth its selling price.

If you have always wanted to be an entrepreneur, there has never been a better time to buy an existing business. Just one look at a “Businesses for Sale by Owner” directory and you will see how many businesses are available at rock-bottom prices. But don’t be too quick to make a decision. Often there is a good reason why the current business owner is selling. Perhaps they didn’t have enough working capital, or they failed to recognize key industry trends in time to stay ahead of the competition.

Small manufacturers can offer specialized and personalized products that larger manufacturers cannot make profitably. Buying a niche manufacturing small business allow you to operate in areas that may have little or no competition from larger companies. When small businesses are involved in manufacturing, there are a number of manufacturing methods that are employed. These are flexible, continuous, intermittent and custom manufacturing. Look for a business for sale by owner that matches your experience or interest.

Many find the idea of running a small business appealing, but lose their motivation after dealing with business plans, investors, and legal issues associated with new start-ups. "About half of all new establishments survive five years or more and about one-third survive 10 years or more. As one would expect, the probability of survival increases with a firm’s age. Survival rates have changed little over time.”- Source: U.S. Bureau of Labor Statistics, BED

For those disheartened by such risky undertakings, buying an existing business is often a simpler and safer alternative. Less stress and strain: An existing business acquisition does not mean stress free, but it will be significantly less than if you were always wondering and worrying if customers would really come and, if and when, the monetary investment would pay off on a start-from-scratch business venture.

Every entrepreneur has his or her “dream business”; the one that they’ve imagined themselves doing since they were very young.  While finding the perfect way to get started with this business may not come until later in life, the opportunity may be closer than you think.  If you’re someone who has always dreamed of buying a hardware store and being an important part of your local community, then it is now easier than ever to find that opportunity.

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Click to contact us for help buying or selling a business.  Since 1980 we have been in the "business of business." We are a professional company specializing in bringing Business Buyers and Sellers together. Being one of the Nations leading firms in our industry, we are best equipped to help you because of our background and years of experience in working with business buyers Nationwide and businesses of all sizes and types. Your business purchase or sale information will be handled by experts and conducted in a confidential manner.

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