Tag-Archive for Business Buyer Research

Common Pitfalls To Avoid When Buying a Business

Going into business for yourself is one of the most exciting steps you can take. The right business is something you will be passionate about that will provide the income to live the lifestyle you want to have. Along the way, however, there is a lot of hard work to buying a business. This is…

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Five Reasons to Buy an Existing Business Over Starting One Up

Starting a business can be a life changing experience. Having a business can provide the freedom to set your own hours, and the income potential to live the life you want. The challenge is when you are just starting; there is a lot of uncertainty about the future. This is particularly true if you are…

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Buying and Selling a Business: The Pros and Cons of Seller Financing

During a business sale, one of the most important issues to address is financing. Most buyers do not have 100% cash to purchase the business outright, so they will need to find other sources to secure the funding they need. There are several potential financing options the buyer can look at. These include: Family and…

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Questions to Ask Before Buying a Business

Starting a business can be a life-changing decision. The ability to be your own boss and greatly expand your earning capacity can provide a much higher standard of living for you and your family. For many aspiring entrepreneurs, purchasing an existing business can be a wise choice, because it allows them to bypass the time…

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Should Business Buyers Work With a Broker

Buying a business is one of the most important financial decisions you will ever make. For this reason, it is important to find the right business (based on your passion, skills, and budget) so you are in the best possible position to succeed. Many buyers wonder if they should work with a business broker when…

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Be an Entrepreneur and Start a Business

At the start of every year, we make resolutions to bring about change in our lives. Changing careers is a common resolution. However, it is important to acknowledge an unfortunate reality; in today’s economy, the old way of doing things no longer works for most people. Robert Kiyosaki, author of the well-known Rich Dad, Poor…

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What New Government Policies Mean for Entrepreneurs

As new government policies start to go into effect in Washington D.C., entrepreneurs need to be aware of what these policies for their businesses. For the past several years, the U.S. has experienced an economic growth rate of (on average) about 2% of GDP (Gross Domestic Product). There are some reasons to believe this growth…

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Tax Advantages of Owning a Small Business

There are numerous reasons to consider becoming an entrepreneur. In today’s uncertain economy, this may be one of the best career paths; because it gives you control over your job and ensures you cannot be “downsized”. Another major advantage of owning your own business is taxes. The prospect of doing your own accounting, making quarterly…

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Questions to Ask When Buying a Business

Becoming a business owner is a major step. If you get into the right business, it could be one of the greatest decisions you ever make. However, the wrong business can produce the opposite effect – leading to misery and most likely an early exit. Before jumping in, it is important to perform your due…

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Qualifying Buyers for your CPA or Accounting Practice

If you have made the decision to sell your CPA or Accounting Practice, you may have thought about the kind of buyer that might best fit your firm, your clients, and your employees. This buyer may be a young professional working at an existing practice trying to buy his first practice, a seasoned consolidator, or…

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