Blog for Business Buyers and Sellers

No matter what kind of business you’re in, in the past you may have dealt with some type of setback due to the economy. Whether it was a workforce reduction, a hiring freeze, customers who haven’t paid, or closing one of your locations, chances are the economic downturn as impacted your business.  Even the most successful franchise owners have taken a serious look at whether they can continue their operations without some serious cuts.  So you may be wondering why anyone would want to search out new businesses for sale.  Believe it or not, they are doing so for precisely the same reasons many other people are selling – because of the economy.

Buying a Hotel or Motel without a Business Broker

Tuesday, 12 July 2016 Andy Anderson

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.

Buying a Business? Time to Write a New Business Plan

Wednesday, 15 June 2016 Andy Anderson

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.

3 Tips to Prepare for Selling your Business

Wednesday, 08 June 2016 Andy Anderson

You've decided to sell your business. Why? That's one of the first questions a potential buyer will ask you. You must have a definitive answer for the buyers. However what about your questions, about sell your business.

Entrepreneurs may be relentless in their pursuit of the American dream, but at some point in life it may be time to move onto another venture.  Whether you own a small service-oriented business or a multi-location retail operation, putting your business up for sale can be a very stressful time.

How to get a small business loan

Wednesday, 27 April 2016 Andy Anderson

Ready to buy or start your small business? Financing a small business is one of the most common questions new entrepreneurs have when they decide to move forward with their plan. Getting a small business loan is a great option but it is best to be properly prepared before moving headlong into the process. Here's a brief outline and some advice before applying for your small business loan.

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