Have you thought about what happens after the keys change hands and the buyer and seller walk away from the closing table? The transaction process isn’t over yet – now the training period begins. When a business is sold, part of the purchase contract will typically cover a training period of some
Read MoreWhen you decide that the next step in your career is to buy a business and try your hand at entrepreneurship, there will be many decisions ahead of you. Possibly the most important decision will be what business would be right for you. Yes, we know. Everyone who’s ever dreamed of
Read MoreWhat’s the best path to entrepreneurship? Most think of the startup in some suburban garage – but is that really the smart way to go? The short answer? Probably not. Buying an existing business, however, is typically the better route to business ownership. Here’s why: 1. Starting a business is a
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