Benchmark Business Group

Buy A Business General

January 17, 2020

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

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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 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 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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October 25, 2019

While analysis paralysis is not a great recipe for successful decision making, a prospective buyer should never fail to ask enough questions to understand the business; and the seller's motivations.

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October 18, 2019

If you don't like the kind of business you are looking at and it doesn't excite you, no amount of profitability and financial soundness will overcome that.

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September 27, 2019

You can never really ask enough questions when buying a business. Gather your information, make decisions, and then take action.

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September 6, 2019

The process for valuing a large business versus a small business has night and day differences. Don't make the mistake of thinking they are the same.

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