Category Archives: Business Purchase Sale
Business Partners Purchase 3 Businesses in 6 Years
Buying an already-established business can be difficult because you aren’t familiar with the company’s entire history. What is the environment like? Is the business profitable? On the other hand, an established business can be an easy purchase. You don’t have to build the business from the ground up. It already has revenue and customers,… Read More »
What to Ask Yourself Before Selling Your Business
Starting a new business can be an exciting venture, but there will likely come a time where you’ll need to cut ties. Maybe you are forced to sell because you cannot run the business anymore. Perhaps the business isn’t doing too well and you want to get out before things get even worse. Or… Read More »
Home Depot Purchases SRS Distribution for $18 Billion
Home Depot is a home improvement retailer that caters to the DIYers, but the company wants to focus on construction professionals. In a bid to do so, the retailer recently announced that it is buying roofing distributor SRS Distribution Inc. for a whopping $18.25 billion. The retailer’s goal is to attract more business from… Read More »
Should You Buy an Absentee-Run Business?
Many people want to be business owners, but they want to do it on their terms. They want to take the easy way out and generate passive income. Not having to run a business on a daily basis? Most people would say, yes please! But let’s face reality — this is not the norm…. Read More »
What to Consider When Buying a Business
If you’re an entrepreneur looking to run a business, you may be looking to buy an existing one. An established business has customers and exposure. It’s not as hard as running a brand new business and trying to create a customer base. When buying a business, many people opt for franchises. Franchises often have… Read More »
Avoiding A Lawsuit When Buying A Business
Buying a business can be an exciting venture. Operating a new company can be a good opportunity to make a lot of money. Unfortunately, though, some buyers make the decision in haste. They don’t do adequate research, resulting in buyer’s remorse. An issue that purchasers may come across is buying a lawsuit. This may… Read More »
Reasons To Sell A Business
People are often wary when an entrepreneur wants to sell their business. They may think there is something wrong with it. Surely it is not profitable. The company could be very successful, but there may be personal reasons why a person wants to sell. Still, it’s up to a potential buyer to determine exactly… Read More »
Tips For Selling A Construction Business
Some businesses are easier to sell than others. Construction businesses are a good example. With the population approaching 8 billion, we need more buildings. There are always things that need to be built, such as houses, apartment complexes, schools, stores, restaurants, parks, and medical offices. So if you’re a construction business owner who is… Read More »
Asking The Right Questions When Buying A Business
Last year was a rough time for businesses. The pandemic and subsequent quarantines caused businesses to lose a lot of money. Many even went bankrupt and were forced to shut down. Now, things are starting to look up. Florida and many other parts of the country are starting to reopen. Therefore, if you’ve been… Read More »
Buying a Business During the Pandemic
The coronavirus pandemic has made life difficult for a lot of people. Millions have lost their jobs. Many have depleted their savings and are now struggling financially. However, there are also a lot of people who did well in 2020. They didn’t lose their job and life pretty much continued as normal (except they… Read More »