In our society, the word “used” typically carries with it a less than ideal connotation – it means that someone else got the best and the “used” buyer is left with what’s left. In the business world, however, “used” gets a boost because a “used” business is an existing business.
Read MoreWe’ve all had those pie-in-the-sky conversations at the dinner table over the holidays, when the discussion turns to entrepreneurial ambition and your uncle/grandmother/father says something along the lines of “Sure, I can help you buy a business!” When considering borrowing money from family members (or from anyone with whom you have
Read MoreYou’ve just left the closing table, and now you are the proud owner of your very own small business. Is it time to celebrate? Sure, but you also need to hit the ground running. Why? I’ve bought an existing business, how hard can it be to just take over the
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