The romance of owning your own business can sometimes give a new buyer blinders about where the business actually is and what that means for the day-to-day life of the business owner and their family. It’s essential to evaluate the local area where the business is located to determine if it
Read MoreThe people who buy and run businesses are a strong bunch. Lots of drive, lots of passion and typically a very type-A personality. When you get two people in a room with this personality type it can sometimes go south in a big way without a lot of provocation. This
Read MoreDue diligence. It’s the point in the business buying process where you start to really dig into the details (think contracts, inventory lists and the like). It’s a critically important step because it’s the step where you find out what you’re really buying. You should understand going in that you
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