Finding the right opportunities and then pursuing those opportunities is key to success. Distinguishing between a great opportunity and one that should be passed on can be tricky. In this article we will look at the pros and cons of franchise opportunities. Finding one of...
If you are seriously considering selling your company, you have no doubt considered using the services of an intermediary. You probably have wondered what you could expect from him or her. It works both ways. To do their job, which is selling...
Phoenix is a hot city in more ways than one. In recent years, demographics across the country have really begun to shift. More and more people are on the move, and one of the key cities they are heading to is Phoenix. As the population of...
Family-owned businesses do have some options when it comes time to sell. Selling the entire business may not be the best choice when there are no other family members involved. Here are some choices to be considered: Internal Transactions Hire a CEO – This approach...
It has always been the American Dream to be independent and in control of one's own destiny. Owning your own business is the best way to meet that goal. Many people dream about owning their own business, but when it gets right down to...
Deals fall apart for many reasons – some reasonable, others unreasonable. For example: • The seller doesn't have all his financials up to date. • The seller doesn't have his legal/environmental/administrative affairs up to date. • The buyer can't come up with the necessary financing. • The well known “surprise”...
Building your business took time, effort and a combination of carefully combining personal and work ethics. You have given it so much of yourself and now it is time to grow away from the one thing that has been a constant in your life day...
Tomato. Tomato. At first glance it looks a lot alike and not much importance is given to differentiate the two. But they are not the same. One is simply, wrong. All the same, you must be cautious when categorizing your potential buyers. You may very well find yourself...
When it is time to sell your business, you seek the best broker for the fastest sale and biggest profit. Your business is close to your heart. Blood, sweat and tears were no doubt shed in the entrepreneurial work spent to get the business off...
It is important for a business owner to enlist the services of a professional business broker because they can offer invaluable knowledge, in-depth insights on valuation, negotiations, marketing, prospecting, and many other critical aspects of commercial sales. Most have broad business experience prior to brokeraging...