So yesterday we are wrapping up final details on a sale and the seller wants to announce to her employees and her customers she has sold the business (the deal hasn’t closed yet). Seems she felt she owed it to them! In short this is bovine feces. Every seller feels like they are the end […]
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The 10 Commandments of Buying a business
Everyone is an expert it seems at buying a #business. Particularly those who have no skin in the game like family and friends. The single most important thing in #buyingabusiness is being educated. The best resource I found when I first started in this business was http://WWW.DIOMO.COM . Richie Parker’s course was a resource I still […]
Hire an Aggressive Business Broker
To those in business who do not know the value of a sales professional it is often lost on people just how critically important to a businesses success is the hunter. These professionals are aggressive and drivers. If business is not growing it is spiraling into death. When you hire a business broker it of […]
Book Smarts vs Street Smarts
Street Smarts or Book Smarts. When it comes to the small business world I will take a seasoned entrepreneur every time. Particularly nowadays. Unfortunately we are in somewhat of a transition period when the college degree is not equipping students for a business world changing at a speed unseen before. That is not to say […]
Investor Visas are not a mystery – Research and Find out the Truth
I recently fought a battle with some folks in my industry who were attempting to manage what is somewhat of a mystery to many lawyers, brokers, buyers and sellers…namely the Various investor visa’s and what would and would not qualify. In short, a broker went to an immigration attorney and asked for him / her […]