Author Archives: William Bruce

About William Bruce

President, American Business Brokers Association / Business Broker & Accredited Business Intermediary assisting business buyers and sellers with the transfer of ownership / Author: How to Buy a Business / (For details, click "About William Bruce" near the top of this page.)

Business-for-Sale Activity Spikes in First Quarter

BizBuySell.com, the Internet’s largest business-for-sale marketplace, has released its latest economic data for the first quarter of 2013. The latest data shows that closed transactions spiked significantly in the first quarter of the year when compared with the same period last year, showing a 56 percent increase. Continue reading

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How to Sell Your Business: Getting Your Business Ready to Sell

How to Sell Your Business: Getting Your Business Ready to Sell. The time, effort and expense that you expend in getting your business ready to take to market will pay handsome dividends. Don’t underestimate the crucial importance of preparation. Continue reading

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How to Sell Your Business: First, Have a Good Reason

How to Sell a Business. The decision to sell your business may not be easy. In fact, it may be agonizingly difficult. In this series of articles we will explore the issues involved in selling your business. Continue reading

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The Business of Beer

Beer is a huge worldwide business. It is the world’s most widely consumed and probably oldest alcoholic beverage; it is the third most popular drink overall, after water and tea. Let’s take a quick look at the business side of beer. Continue reading

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American Metro Areas Ranked Best to Worst for Economic Vitality

The index ranks America’s largest 102 metropolitan areas using an 18-point formula that accounts for private sector job growth, unemployment, housing price changes, earnings, construction activity and retail sales. For January the top ten metro areas in economic vitality were …. Continue reading

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One Year After the Carnival Shipwreck Off Italy, We Take a Closer Look

It’s been one year since Carnival’s ship, the Costa Concordia, ran aground off the coast of Italy. The captain of the cruise ship, Francesco Schettino, a philanderer, coward and now proven liar remains free. The Costa Concordia is ultimately owned by Carnival Corporation, also the parent company of Carnival Cruise Lines. Continue reading

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Of Local Interest: What’s With Camden, Alabama? Is There Something in the Water?

As of this month, tiny Camden, Alabama now claims an incumbent United States Senator, an incumbent member of the U.S. House of Representatives, the incumbent Lieutenant Governor of the State of Alabama, and now the President of the University of Alabama. What is it about Camden? Continue reading

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Banks Rated Strongest to Weakest in Mobile and Baldwin Counties, Alabama

Banks are often placed on a pedestal, but they are like any other kind of business; some are stronger and better managed than others. And also like other types of businesses, many were hurt by the Great Recession. Here we list the banks in Mobile and Baldwin Counties, Alabama from strongest to weakest. Continue reading

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Why Do Business Buy-Sell Agreements Fall Apart?

There are reasons this happens, and, once understood, many of the worst deal-smashers can be avoided. Understanding is the key word. Both the buyer and the seller must develop an awareness of what the sale involves–and such an awareness should include facing potential problems before they swell into floodwaters and “sink” the sale. Continue reading

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What is a Franchise REALLY Worth?

What are franchised businesses really worth? This listing gives quick valuation estimates for over a hundred franchises. Continue reading

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