Buying a business for sale is a great path to business ownership that insulates you from some of the risks that starting up a business can entail. However, there are a few characteristics an entrepreneur should evaluate when choosing a business to buy. The Market The first thing to consider is the market. One of the common reasons when business owners sell their company is becaus
How to Find Businesses to Buy Are you thinking about buying a business? Maybe the new SBA incentive really got you thinking about buying a business? Or maybe it was a friend that had recent success, or maybe you even heard about business buying opportunities on a podcast (like The Deal Board?). No matter the reason, the search begins! Step 1: Your Criteria Maybe you just wa
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Curious about the current business maker? Read below to learn what happened in 2020 and what we can expect in the future. Key takeaways of the 2020 market data: The federal stimulus packages offering reduced loan fees and coverage of certain payments continue to increase the demand of businesses for sale, both by buyers and lenders. Many business owners waited out 2020 i
Almost every business owner ponders at some time: what is my business worth? And you may think the formula and the answer is fairly simple, but unfortunately, that Is not always the case, whether the valuation is in preparation to sell the business, raise capital, or just because you are curious. Depending on the purpose of the valuation, businesses are valued in different ways. These differ
