Benchmark Business Group

Buying a Business Newsletter

May 17, 2019

As with most things, there are advantages and disadvantages to buying a business. With the right advice you can help ensure the advantages significantly outweigh the disadvantages in any particular case.

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May 10, 2019

There are a wide variety of funding options for buying an existing business with a good track record. The primary concern of most lenders is whether that track record can be repeated into the future.

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May 3, 2019

How and when to inform employees of a change in ownership is a question of careful strategy and planning. It's a key issue to be worked out between seller and buyer.

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April 26, 2019

There never really is a bad time to buy a business, but some times are better than others. This year is one of them. Business quality is good, lending is favorable, and there are some very good choices out there.

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April 19, 2019

The process of buying a business can take time. Being organized and having your Deal Team in place will speed things up.

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April 12, 2019

Buying even the simplest small business can be full of complications. There is no substitute for having a qualified team consisting of a broker (or intermediary), a lawyer and an accountant familiar with transaction work.

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April 5, 2019

When buying a business, heed the advice of Michael Gerber, Author of The E-myth Revisited, and be prepared to work ON your business, not just IN it.

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March 29, 2019

The first question a business buyer should ask themselves: will this business get me up in the morning excited to go to work?

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March 22, 2019

Sometimes the greatest opportunities exist in the middle of turmoil. If you are thinking about buying a business, times of uncertainty can often be the best time to buy.

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March 15, 2019

Most businesses are purchased in an asset sale. Don't rely on general descriptions of the assets, but insist on specifically knowing what you are buying.

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