Benchmark Business Group

Buying a Business Newsletter - Page 14

Look beyond the financials when buying a small business

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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Don't sleep on the "boring" businesses

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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Who Should be on your Deal Team?

When buying a business it is important to think about and identify your "Deal Team." That is, your business intermediary - or Broker - your attorney, accountant, and lenders.
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