A simple due diligence to buy a business

High value of no assets in a business sale.

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

Stop guessing the value of a business and learn how to calculate it accurately. 

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.   

What’s a good business to buy?  I get asked this almost as much as, “What’s my business worth?” With nearly 20 years’ experience as a business broker and these businesses have proved to be successful time and time again.  Buying the wrong business can be a costly mistake. Here's how to avoid it. 

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

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?

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?

When it comes time to leave your business, you need to have an exit strategy. It basically outlines how you will sell the business, with a business broker or without, and what happens next.

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?