Failure to disclose information You should be wary of a seller who is failing to disclose important information, such as why they’re selling, the lease, licences, permits and staff. Poor business performance…
Category: Business Tips
Buying a Restaurant Franchise
There are many different types of business format franchises, but when most people think of a franchise business, their first thought is of food. The success and growth of the many big…
The Importance of Due Diligence
Buying a business involves a lot of twists and turns, but no part of the process is more important than completing due diligence. Due Diligence—An Overview Due diligence is the process of evaluating…
5 Ways Small Businesses Can Become More Attractive to Buyers
Entrepreneurs who have built businesses with years of blood and toil often find that selling to a good firm doesn’t happen overnight. Indeed, it takes three to five years of careful preparation,…
7 Advantages of Buying an Existing Business
With 28 million small businesses open today, now may be the perfect time to invest in your own. As you begin taking the first steps to business ownership, it’s wise to think…
When To Sell Your Business?
Every entrepreneur has different reasons for selling a business, but there are better times and conditions than others in which to do so. For instance, selling simply because you’re exhausted or can’t…