Buying a Business

Do you need a business acquisition due diligence checklist & template? If YES, here is a detailed guide to buying an existing business with no money and bad credit. Buying a business as opposed to starting one from the scratch is one of the ways of owning a business. In fact, a lot of entrepreneurs …

Have you ever thought of buying a business but you don’t know how to go about it? Do you want to learn how to buy an existing business with no money down? If yes, then i advice you read on. Acquisition is the new strategy on board. Many successful entrepreneurs have expanded or gone into …

Are you in a dilemma as to whether you should buy a business through a broker? Or you are about buying a business through a broker? Well, below are ten kick-ass success tips you must know. Buying a business can be very complex and time-consuming, especially if you are trying to handle it all by …

Are you torn between the decision to start your own business from scratch or buying a business? Do you want to know which of this move is the best? Then I advice you read on. Virtually all entrepreneurs know that there are different ways to venture into a business. And the two primary options are …

Are you torn between the decision to buy a business or to buy a franchise? Well, i advice you read on as i compare the pros and cons of buying a business and buying a franchise. One of the biggest career steps that you will take as an entrepreneur is buying a small business. And …

How do you find the best lawyer or attorney to represent your interest when buying a business? Well, this article will teach you everything you need to know. One of the best measures to put in place when purchasing a business is to hire a good lawyer. This is very important because the input of …

Are you about buying a failing business? If YES, here are 7 smart tips on how to buy a business that is in debt and losing money without burning your fingers. Module 6-: With most countries facing varying degrees of economic turbulence, more and more business owners are keen to offload their businesses as soon …

One of the easiest and smartest ways to break into the market of your dreams is to buy an established business rather than start a new one from scratch. However, this decision could also be your worst nightmare if you don’t get it right. This is because there are too many pitfalls that you can …

Module 8-: Buying a business as opposed to starting one from the scratch is a good idea for so many reasons; you can leverage on the experiences, success, patronage and support. It can also be a flexible way to finance your business especially if you are able to find a seller who is willing to …

Module 7-: I am an advocate for buying existing businesses up for sale because I believe that a person who buys an existing business can leverage on the experiences of the seller. You don’t have to worry about the learning curve process and instead of spending your first few months or years of business learning …

Module 9-: Due diligence is the careful analysis of a business by an entrepreneur looking to invest in that business. It’s a very important step towards making the right decision whether to buy a new business or not. While most entrepreneurs understand the importance of due diligence in any business acquisition process, only few understand …

Module 10-: When you are planning to break into a new market as an entrepreneur, you have two options: either you start a new business from scratch or you buy an established business in that market. Which is the better of the two options? Well, most debates on that subject among business experts end up …

Module 11-: The process of purchasing a business can be very cumbersome such that even the professionals who do this for a living can get confused. There are just so many things to be done, so many factors to consider and so many precautions to take to avoid running into problems later on. This is …

Module 12-: One of the first formal and most crucial steps involved in buying a business is drafting a letter of intent (LOI). This letter, less commonly called a letter of intention, is a written document that expresses a buyer’s intent to start negotiations to buy a business from a seller. However, since a letter …

Module 13-: Business goodwill can be defined as the part of the value of a business over and above the value of the tangible assets of that business. In other words, it is key intangible asset that represents the portion of the business that cannot attributed to other business assets, such as a recognizable company …

Module 14-: Buying an established business can be a smart way for individuals to break into a new market without having to face the struggles that come with starting a new business from scratch. For corporations, it provides an avenue to expand capacity, workforce and market share, or move into new markets. When implemented properly, …

Furniture, Fixtures, and Equipment (FF&E) is the movable property companies use in business operation. FF&E can be office furniture, fixtures that won’t damage a building structure when removed, and equipment such as computers needed to conduct day-to-day operations. Note that the term FF&E is used in different service industries for various purposes but it generally …

The decision of whether an investor can buy a business with a pending lawsuit or not depends on the investor that wants to buy the business. This is so because it is legal to buy a business that has a pending lawsuit, it is just a matter of preference. The question is, what should be …