Insights
Buying a business, page 7
Buying a business
A Closer Look at 3 Major Factors to Consider When You Buy a BusinessThree factors buyers underestimate: whether a business you like will actually pay, the costs outside the price, and outside opinions.
Buying a business
Lifestyle Business or Sellable Asset: Which Kind of Owner Are You?The difference between running a well-paid lifestyle business and building a company buyers will pay for, with a quick self-test.
Buying a business
Business Buyers Can Leverage SBA LendingHow SBA-backed loans help buyers finance an acquisition, what lenders look for, and how to prepare so the loan does not slow your purchase.
Buying a business
How Employees Factor into the Success of Your BusinessHow buyers judge key employees, how sellers should prepare their team before a sale, and when employees should learn about it.
Buying a business
Goodwill and Its Importance to Your BusinessWhy goodwill drives much of a sale price, which goodwill a buyer can take over and which leaves with you, and how to build the right kind.
Buying a business
Determining Your Company’s Undocumented ValueWhere the value buyers pay for hides outside your financial statements, and how to document it so it shows up in the price.
Buying a business
Winning a Deal Without the Top Bid: What Sellers Weigh Besides PriceThe terms owners weigh besides price, from certainty and cash at closing to fit and discretion, and how a buyer can use them to win.
Buying a business
The Importance of Understanding LeasesThe three ways a lease passes to a buyer, what each one means, and how to confirm the location is secure before closing.
Buying a business
What Should You Evaluate When Buying a Business?A buyer's evaluation checklist: fit, earnings quality, customers, owner dependence, team, operations and price, with the red flag to watch in each.
Buying a business
Buying a Business: Three Commonly Overlooked Due Diligence AreasWhy legal documents, retirement plans and worker classification are easy to miss in due diligence, and how buyers protect themselves.
Buying a business
Key Elements for Every Partnership AgreementWhat partners buying a business together should settle in writing before the purchase: money, control, roles and ways out.
Buying a business
Is It Time to Become a Business Owner? 3 Questions to Ask Yourself.Three honest questions about income, control and temperament that show whether owning a business suits you, and whether to buy or start one.