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I’m a 1st Time Business Buyer; What Kind of Business is Right for Me?

What kinds of things should you consider when deciding on the type of business you should buy? First and foremost, you should really consider a field where you have some practical experience.  Jumping headfirst into business ownership and a new field is a recipe for disaster. Use the abilities you have

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1st Time Buyers: The Leap to Entrepreneur

Going from employee to the owner of a small business will take a huge level of personal commitment and a good deal of effort, time and money.  This is not a decision or change that you should take lightly or a process you should do in haste.  There are elements

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Buying a Business: The Offer or Purchase Contract

A purchase contract (or “offer to purchase” as it is sometimes called) is a detailed document that a buyer submits to a seller in order to purchase the seller’s business.  In this document the conditions, warranties, non-compete conditions, financing, terms, inventory, training and other transition details, and other aspects of

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