Advantages of Buying an Existing Business
1. Established. An existing business is a known entity. It has an established and historical track record. It has a customer or client base, established
1. Established. An existing business is a known entity. It has an established and historical track record. It has a customer or client base, established
Buyers are generally categorized as belonging to one of the following groups although, in reality, most buyers fit into more than one. The Individual Buyer
For a business to sell, there has to be a seller – and a buyer. The buyer of today is a bit different than the
Most prospective business buyers really don’t know from the outset the exact type of business they want to buy. Experienced business brokers and intermediaries know
Statistics reveal that out of about 15 would-be business buyers, only one will actually buy a business. It is important that potential sellers be knowledgeable
Today’s independent business marketplace attracts a wide variety of buyers eager for a piece of ownership action. Buyers of small businesses are most likely replacing
In many cases, the buyer and seller reach a tentative agreement on the sale of the business, only to have it fall apart. There are
If there were any doubt that women owners are an ever-growing force on the independent business scene, new studies of leading female entrepreneurs around the
The following appeared in a study, Financial Difficulties of Small Businesses and Reasons for Their Failure, prepared for the Small Business Administration (SBA). They are