Buying a Business

June 19, 2019
buying a business

How to Find a Business Owner Who Wants to Sell

Buying an existing business from an owner looking to retire or otherwise cash out is an attractive way to become an entrepreneur. But finding owners who are looking to sell may not be easy. Many business-acquisition opportunities aren’t always widely known, even by the investment bankers who facilitate such deals, because sellers fear roiling employees and customers by taping a for-sale sign in the window. Instead, they wait patiently for the right buyer to knock. Accountants or lawyers who work with small-business owners might know of a client’s desire to sell, but often it pays to focus on one particular industry and contact owners directly. Try the strategy that one entrepreneur calls “call-mail-call.” Start by calling a few business owners […]
June 4, 2019

Good Businesses Sell Fast – Move Quickly

The business for sale market has always had one consistent trend regardless of the overall economy. When a solid business, with provable financials, that can be operated by a wide pool of buyers with a general business background comes up for sale, it doesn’t last long. Since there’s always a shortage of good businesses for sale and the market is flooded with prospective business buyers, there’s always a pent up demand. As such, you have to put yourself in a position to pounce on these opportunities. In some cases, a buyer may not have the luxury of getting access to all of the information and research they would normally want to review before considering an offer, yet they are concerned […]
May 15, 2019

Buying a Bakery Business

Bakery businesses are on the rise due to a growing desire for eye-catching treats. From fully customized wedding cakes to rainbow bagels, consumers can’t get enough baked goods. If you’re looking to enter the bakery business with trendy treats or classic favorites, you’ll need to understand the business first. Address the points listed below before buying a bakery to ensure you master the recipe for success! Are you interested in buying a bakery privately or through a franchise? First, decide whether you want to join an existing franchise or start your own bakery. Like any other business investment, purchasing a franchise location will involve less work up front due to existing guidance and company procedures. If you’re unfamiliar with the […]
April 17, 2019

Buying a Profitable Business

How can you be sure a particular Australian business is a worthwhile investment? It’s not about the overall appearance of the Australian business. It’s not about what the seller initially tells you. It’s not even always about the location… The ‘real secret’ to buying a profitable Australian business is in knowing the exact strategies to use at each step in the buying process and by conducting an impeccable analysis, review, negotiation and valuation to be certain you pay the right price and terms and uncover any potential problems before you complete the transaction. Secrets To Valuing An Australian Business. There is probably no part of the buying process that worries a potential buyer more than overpaying for a business. While […]