Blog for Business Buyers and Sellers

You may already be aware of the financial benefits of owning a hotel, particularly if the hotel is located in a busy tourist or business district.  There is no doubt that buying a motel for sale by owner can be a great investment.  However, while investing in this industry can be a smart idea, not every hotel or motel is worth the money.  If you’ve been contemplating the purchase of a motel business, here are some tips to consider.

In demand businesses are partially determined by your location. Different markets vary from state to state; however, there are some prominent small businesses that stay strong in the ranking for hot businesses.

best home based businessMany people seek out the ease and convenience of a home-based business because they hope it will help them balance career and family, while affording them with greater income potential than a 9-5 job. True, a home-based business might be right for you if these are your goals, but all that “entrepreneurial freedom” comes at a price. If you’re interested in self-employment but you still don’t know if it’s right for you, then take the time to carefully weigh the pros and cons of running a home-based business.

help buying a small businessHave you ever wondered why so many small businesses go under within the first year? When asked for the reason, most of these entrepreneurs will simply say, “We ran out of cash,” but the story is much larger than that.
The real reason why most small businesses fail is more about the entrepreneur than it is about the business. Below are five of the most common reasons why these well-meaning people run their small businesses into the ground.

business brokerThere is no doubt that buying an existing business has its risks, but it’s still a lot safer than starting one on your own. After several attempts to find that perfect business opportunity, seasoned entrepreneurs develop a natural ability to sniff out all the red flags and recognize that “diamond in the rough.”

Unlike startups, an existing business already has the necessary equipment and inventory necessary to run efficiently. In addition to its customers and employees, these businesses already have a location, and might even have a few years left on the lease. But perhaps more importantly, the business has a track record; meaning as a buyer you can look at their records, books and tax returns to get a sense of your potential income. So, you may be asking yourself, where is the risk?

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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 For Sale By Owner 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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