Benchmark Business Group

Buying a Business Newsletter

August 17, 2018

When buying a business the essential questions are the same for all. But each industry can have its own quirks that you should explore.

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August 9, 2018

Financing can be one of the most challenging aspects of buying a business. There are more options than most people realize and a little education goes a long way.
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August 3, 2018

If you decide to partner with someone to buy a business, your arrangement can never be too well defined and everything should be in writing. Forget the handshake.
 
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July 20, 2018

When buying a business there really is no substitute for having a good Deal Team on board. This may include your attorney, accountant, a business intermediary or broker, and/or a capable lender. With a little investment up front you can save multiple times in dollars and future headaches.
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July 20, 2018

It's a new age. Rusty equipment has now become digital assets, and worth much more to a business in many cases.
 
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July 13, 2018

Before we list businesses for sale, we have penetrating conversations about the sellers vision beyond the sale. Nevertheless, remorse can set in and needs to be met with understanding.
 
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July 6, 2018

Generally, you pay for a business based on what the seller has done, but decide to buy the business based on what you plan to do. There are many other attributes to a business than its financial quality of customers, quality of employees, and lifestyle it offers.
 
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June 29, 2018

You can't get enough good advice before buying a business. There is also plenty of bad advice out there. Know the difference; use trusted sources.
 
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June 22, 2018

You've heard that it's often better to buy a business than start one. For even greater reasons it may be best to consider a proven franchise as your new business venture.
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June 15, 2018

When buying a business you sometimes are negotiating two deals: one with the seller and one with your new landlord to be. Get educated on commercial leasing issues.
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