Nov 14, 2018 | What Buyers Need to Know
Buyers have different reasons for buying businesses and even more varied ways they wish to operate them once they take over. In this article, we won’t be discussing those businesses that will be near 100% absentee or will require a complete tear-down and reboot. ...
Nov 8, 2018 | Prep Your Business For Sale
Part of the process on the seller side of a transaction is deciding to sell and getting a valuation. As buyers scrutinize the businesses they examine, there are three questions we encourage them to consider. All of them are centered, understandably, around profit....
Nov 2, 2018 | What Buyers Need to Know
In a previous article, we’ve made the case for buying instead of building. However, you may be interested in buying a business run by a franchisee who has multiple locations in place. Every franchise is different as to what they expect from someone who is buying from...
Oct 24, 2018 | Case Studies
Answering an Ad In 2001 Joe Keeley was just a college student looking for a part-time job. He saw an ad for “hockey player wanted to watch kids, $10/hour.” Keeley happened to be a hockey player, which wasn’t so unusual in Minnesota, and eventually, he was hired. This...
Oct 17, 2018 | Prep Your Business For Sale
One of the very first questions we get from prospective sellers is “How long will this take?” The truth is that we’ve seen anything from 2 days to 2 months to 2 years…but the average will be 6 to 9 months. And that doesn’t include the “pre-listing” process...