Things that will ensure a smooth transition into your new business acquisition
There are many things to consider when you buy a business and a smooth transition should be one of your top priorities. The last thing you want to happen is for existing customers and staff to start looking for alternatives to your business. This will in turn impact your future maintainable earnings. So how do you avoid this and … Read the full post »
Over many years as a business broker, I have seen clients make wrong decisions because they were too involved emotionally or they became frustrated during the buying process. The best deals are done when all parties are relaxed and not under pressure. Appointing an experienced buyer’s agent who is on your side can make the entire process run smoothly. Here are my tips for buying a business:
Buy in gloom … Read the full post »
There are a variety of reasons to determine the value of a business. Knowing what a business is worth is necessary when you are:
buying a business
selling a business
getting a business loan
attracting investors
valuing your own net worth
In a Shareholder and Partnership Buyout or Dispute
Part of a Marital Dissolution
Valuing a business can be done in different ways – some more complex than others – and … Read the full post »
Having worked as a business broker over many years, I strongly believe that when people buy a business, they are “buying” a career or profession. Owning your own business provides job security and allows you to take control of your own future.
Although upfront you may be required to make a substantial investment, in the long term owning your own business can be financially rewarding. The time you put in, to … Read the full post »