Benchmark Business Group

Buying a Business Newsletter

January 17, 2020

When buying a business the first thing ´╗┐you need is a sound strategy.

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January 10, 2020

While business valuation is not beyond comprehension, there's no substitute for getting an experienced opinion from a broker or an appraiser.

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January 3, 2020

An important question to ask when buying a franchise is the extent of training and support provided. Balance the answer with your abilities and desires.

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December 20, 2019

Financial Documents can be confusing even to someone with experience in reading them. When buying a business you should source a broker, accountant, or other experienced Financial Advisor to better understand them.

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December 13, 2019

There are thousands of questions one could ask when buying a business. But they all come down to basic categories such as: earnings over time, stability of employees, and customer and vendor relationships.

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December 6, 2019

A good place to start when buying a business is to reflect on your own motivations, lifestyle needs, and what drives your energy. A business that ticks all the boxes for you will be much less of a challenge.

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November 22, 2019

Valuing a business considers many factors, and simple rules of thumb are not reliable. Seek experienced help to understand the value of the business you may be looking at.

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November 15, 2019

When growth through acquisition is your strategy, make sure there's good alignment between your current business and your target.

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November 8, 2019

The negotiating and deal term experience of a broker can help you avoid a number of landmines and shortcut the process of buying a business.

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November 1, 2019

Buying a business is a little like courtship. The deeper you understand each other the harder it is for little imperfections to end it.

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