I got asked not long ago for my opinion on Federal Antitrust Laws. I had to preface my answer that I am not an attorney, but my belief is that the central concern of federal government policy is with those acquisitions that increase the danger that companies in a particular market or sector will have “market pow ... Read More>>
No one ever plans to be involved in a bad deal. Yet all too many entrepreneurs and executives enter into buying a business they later regret. This can be true on an individual buying a family business or a company looking to expand through acquisition. There are generally the same mistakes made over and over; lack of ... Read More>>
Building a business and maintaining it takes dedication. Understandably, the relationship between owner and company can become so close that the two are fused in some respects, which can be problematic when it comes to selling it.
To clinch a successful deal and allow a business to thrive under new ownership, it’s import ... Read More>>
When you’ve made the decision to sell your business ideally both the premises and your books need to be on point. If the business does not appear to be looked after, the buyer can suspect some concealment or deception.
Along with this you’ll need to be careful about your responses to any questions you are asked. Th ... Read More>>
Have you started to contemplate the
eventual sale of your business? Never sold a business before?
Here are five essential tips to help you
prepare the business for sale, find a buyer and achieve a deal on price and
terms that you’re happy with.1. Value the businessGet an accurate valuation of
your business from a t ... Read More>>
Buying a business and running
it as a family-owned enterprise remains an entrepreneurial dream for a great
many people. So much so that America relies on family businesses to generate 60
percent of its current employment.
It’s easy to see the appeal:
the thought of choosing your own direction while working alongs ... Read More>>
When Is The Best Time To Enter Business Ownership?More and better businesses opportunities are available now
than we have seen in history...if you know how and where to
find them. This may be your best opportunity to take
advantage of gaining the years of hard work and investment of
someone else. The current economy is the most favorable we
have seen in years to make your move!
At some point the owner of every business and professional
practice will exit his/her business through a sale or ... Read More>>
The only thing worse than no professional
support is the wrong professional support. Ask these questions to secure the
Selling a business on your
own to save money is often a false economy, but hiring the wrong business broker is arguably even worse.
If you are to avoid
appointing a broker who is unscrupu ... Read More>>
Recently, VR Business Brokers / Mergers and Acquisitions was featured in "Franchising Today - The leading source for today's franchising executives, owners, investors, and entrepreneurs." Below are some excerpts from the article.
VR doesn’t believe in expanding just to expand; it prides itself a ... Read More>>
decided you want to be your own boss, next you have to choose not just your
sector but whether you start a business from scratch, buy an established
independent business or buy a franchise.
option has its own merits and drawbacks and which one suits you depends on your
personal attributes and what you want ... Read More>>
We often get the question from those wishing to become a business broker: Do I need to have a license? And the answer is yes and no. First, there is no such thing as a "Business Broker License". However many States and Provinces do require a real estate license to facilitate the selling of a business. Below is a lis ... Read More>>
From a lack
of preparation to proceeding without the help of a business broker, these are
some of the most common mistakes made by sellers.
Selling a business for a satisfactory return and within your preferred
timescale can be a challenging prospect. Attracting buyers requires
a focused approach, careful groundwork a ... Read More>>