In every situation where a bank lends money to a person, they intend to make a profit, not a loss. Remember that a bank is not a charitable institution but a business.
To verify that a bank will be paid back, they will make sure that there is sufficient assurance thatthe person in question can not only r Read More>>
JoAnn Lombardi 3/24/2010 4:24:00 PM Comments (0)
Apart from buying or selling your house,selling your business stands as one of the biggest financial steps that you will take. The reasons that a business owner sells are wide and varied – retirement, health, relocation, etc. Regardless of the reason, you will need to recruit a VR business intermediary in prep Read More>>
Peter C. King 3/15/2010 12:52:00 PM Comments (0)
There are many advantages to buying an existing business.
Already Established Customer Base
When you buy a business, you also buy that business’ customers. The more customers, the more that you will pay for the business.However, these existing customers will giveyour business an immediate cash flow and oppor Read More>>
Peter C. King 3/11/2010 3:58:00 PM Comments (0)
Many entrepreneurs believe that they need to start a business from scratch. But this does not have to be the case. Look at one of the all-time business owners: Howard Schultz. He did not start Starbucks. Instead, he initially worked for the business before leaving. After a time, he returned and bought the Read More>>
JoAnn Lombardi 3/1/2010 12:36:00 PM Comments (0)