Category Archives: Buying or Selling a Business

A discussion of the issues involved in buying or selling a business by William Bruce, president of the American Business Brokers Association.

Some Franchises Are Not Qualified for SBA Guaranteed Loans

The following information and list of franchises that are are ineligible for SBA financing are taken directly from the Small Business Administration website. Note that franchise transfer issues are the most commonly cited problem in disqualifying franchises for SBA financing. Continue reading

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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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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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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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Are You Thinking of Selling Your Business in 2012?

Have you been thinking about selling your business? This piece by New York Times columnist Barbara Taylor discusses why 2012 might be an advantageous year.
Barbara (who is one of my favorite columnists) cites several reasons.
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What is a Business Owner’s “Discretionery Cash Flow?”

What is discretionary cash flow? It is NOT the profit or loss that you show Uncle Sam on your tax return. It’s important because it provides an accurate picture of the true cash producing ability of the business. In effect, it uncamoflages the bookkeeping praqctices of most business owners. This article exlpains how to compute the important number. Continue reading

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