The most important place to start if you are thinking of selling your business is to know its value. Almost without exception, a business owner thinks their business is worth more than it is. Equally, almost without exception, a business buyer thinks the business is worth less than it is. What a seller of a […]
Who is going to buy your business? It’s an interesting question. Do you own a business and are wondering who is going to buy your business? Baby boomers are ready to retire and sell their business. The statistics speak for themselves as I shared in an article last month. The businesses-for-sale marketplace in the 2nd […]
What’s the first decision for a new business owner? The answer should be simple and complete. Do absolutely nothing. Buying a business is a demanding process. It’s demanding intellectually and financially but it’s more demanding emotionally. If you’ve bought a business you’ll know the above makes perfect sense as you can remember lying awake late […]
Each quarter, BizBuySell puts together their Insight Report to show what’s happening with the selling of a business and the buying of a business. The annual report and the fourth quarter reports for 2014 are now available and it continues to show that sales of small businesses nationwide are continuing to increase and in fact, […]
Moving to the United States or specifically to live in California is very attractive to people all around the world from all walks of life. Doing it legally is a challenge not only because of the amount of time it takes but also waiting for a visa quota to open up so an application can […]
Some people are just naturally more productive on their own. Especially in a turbulent job market, it’s possible to use your free time to earn money and build your personal brand without relying on a corporation to sign your regular paychecks. Freelancing might be more lucrative than you think. Industries like insurance sales, writing/ publishing, […]
Earlier this year, BizBuySell.com released a report on the dramatic change in diversity of new business owners. The statistics are staggering.
Last month I wrote an article called “How to buy a business.” The purpose of the article was to help future business owners or those wanting to buy a business navigate more easily through the difficult process of buying a business and how they could do things better.
Business owners feel good about 2014. Each year the California Association of Business Brokers has an annual conference. The focus of the conference is to allow members to share best practices, understand new trends in the economy, what lenders are and are not doing, changes in law, tax and accounting and other related
How much should I pay for a business I want to buy? The starting point for a business owner that wants to sell their business should be a business valuation. The same reasons and more apply to some one that wants to buy a business.
Want to own your business niche? About 6 years ago I met a lady at a Sacramento Metro Chamber of Commerce trade show. She had taken a table at the event to introduce herself
Is business ownership right for you? The reality of the current downturn in the economy is that many companies will need to restructure to create the private sector jobs President Obama is talking about.
This is an article for business buyers. But it also helps the seller of a business understand what a buyer should look for when acquiring a business.
What is the process of buying a business? Buying a business is a process that takes time. It can sometimes take years to find the