Tag Archives: William Bruce Sunbelt Business Brokers

How to Conduct Due Diligence When Buying a Business

Due diligence is a fancy term. In practical use, it can be summarized as that phase in the purchase of a business when (1) you verify the accuracy of the information that you’ve previously been furnished and (2) you make sure that there are no serious, undisclosed problems with the business. Continue reading

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Buying or Selling a Business? Use These 7 Negotiating Tips.

Once an initial and contingent written offer to buy or sell a business has been made, the transaction usually enters the negotiation phase. The negotiation phase is really not complicated. Most likely you’ve already bought a car and/or a home. The negotiations over the price of a business are similar. Here are seven suggestions to help.
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Here’s How to Value a Retail Business

What is a retail business worth? Here are some rule of thumb guidelines to quickly estimate value. Continue reading

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What’s Hot and What’s Not, Business Wise

Inc. Magazine had an interesting recent article on current business trends. Interestingly, the small business sector with the largest increase in revenue from 2009 to 2010 was fitness and sports centers, up 14 percent. The sector with the largest decrease in revenue for the same period was car washes, down 12 percent.
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How to Find a Good Business for Sale

Lets suppose you have carefully considered the advantages of business ownership, and decided that you definitely want your own business.  You’re ready to start your search for the right business.  What’s next?  Where do you look to find a business … Continue reading

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