A simple due diligence to buy a business

What is gross profit and net profit? Drawings, wages or salary?

Franchise business or independent business. Which is the best business to buy?

Buy a business. Its so easy: no cash required, instant ownership, the business pays itself off and its a fast track to financial freedom.   

Buying the wrong size business for sale is a recipe for disaster.    Buy a big business or buy a small business?  Both options come with their own set of advantages and challenges

The restraint of trade is the one clause you should never overlook when buying a new business. 

Whats a Good Business to Buy Right Now? The question implies that some businesses are worth buying and others are not.  How much you pay for it, what you expect to get out of it and what you intend to do with it are crucial.

What are problems facing the younger generations when they try to buy a Baby Boomer’s business?  The issue we have is one that requires translation between the generations

Buying a small business can be exciting, but it can also be challenging and risky. Unfortunately, many small businesses fail due to common mistakes. 

Benefits of Owning Your Own Business. To buy a business and have the satisfaction of being their own boss and be in control of their own destiny.

Buying a business that depends too much on its owner can spell disaster.  Nobody should buy a business if they think it could possibly collapse the moment the old owner walks out the door.

Is it better to start a business from scratch or buy a business already operating?    What should you consider when deciding between buying a business or starting one?

A common question I get asked is what’s a good business to buy in a recession?  While no business is truly "recession-proof," some industries tend to fare better than others.

5 of the worst pieces of buy a business advice Ive seen and why. Advice often repeated by business experts that is simply not true. Follow this advice, buy a business and you will increase your chance of failure.

I hear it a lot from business owners wanting to sell a business.  My business has huge potential, and a buyer will see that and pay more because of that potential.  Will a buyer pay more to buy a business because of potential?

What really happens after you buy a business?

These are some pro tips you need to know to make a business broker take you seriously.  Do this and a business broker will help you buy a business. 

Avoid buying a failing business. How to spot a failing business and how to buy a business correctly

Why would someone choose to use a holding company instead of operating a single business entity? 

One of the most sought-after business types that I sell is a “Fully Managed” business.  Buyers are asking for a business that is managed by staff, runs well and that doesn’t require them to do anything.  That all sounds great, but like everything, there is more to it.