http://www.benchmarkbusinessgroup.com/buy-a-business/buying-a-business-newsletter/rss/2018 Benchmark Business Group en-US Wed, 11 Nov 2026 16:44:45 +0000 Wed, 11 Nov 2026 16:44:45 +0000 Copyright 2026 Benchmark Business Group. All rights reserved. postmaster@globalreach.com (Benchmark Business Group) postmaster@globalreach.com (Benchmark Business Group) Global Reach News Aggregator v0.96 http://blogs.law.harvard.edu/tech/rss 60 http://www.benchmarkbusinessgroup.com/buy-a-business/buying-a-business-newsletter/thinking-about-buying-a-business-as-an-absentee-owner http://www.benchmarkbusinessgroup.com/buy-a-business/buying-a-business-newsletter/thinking-about-buying-a-business-as-an-absentee-owner Fri, 28 Dec 2018 06:00:00 +0000 <div style="font-family: Georgia, &quot;Times New Roman&quot;, Times, serif; font-size: 18pt; text-align: left;"><em style="color:#0067ac; font-size:16pt"><strong>No matter how well designed a business is and how turnkey its systems are, a buyer should always expect to be directly involved with it for some period of time before treating it as a passive investment under separate management.</strong></em><br /> &nbsp; </div> http://www.benchmarkbusinessgroup.com/buy-a-business/buying-a-business-newsletter/what-to-consider-when-buying-a-franchise-vs-an-independent-business http://www.benchmarkbusinessgroup.com/buy-a-business/buying-a-business-newsletter/what-to-consider-when-buying-a-franchise-vs-an-independent-business Fri, 21 Dec 2018 06:00:00 +0000 <div style="font-family: Georgia, &quot;Times New Roman&quot;, Times, serif; font-size: 18pt; text-align: left;"><em style="color:#0067ac; font-size:16pt"><strong>Whether you buy an independent business or a franchise you will have the same challenges to make the business successful. A franchise does not necessarily mean automatic success.</strong></em><br /> &nbsp; </div> http://www.benchmarkbusinessgroup.com/buy-a-business/buying-a-business-newsletter/know-when-to-buy-a-business-vs-build-one http://www.benchmarkbusinessgroup.com/buy-a-business/buying-a-business-newsletter/know-when-to-buy-a-business-vs-build-one Fri, 14 Dec 2018 06:00:00 +0000 <div style="font-family: Georgia, &quot;Times New Roman&quot;, Times, serif; font-size: 16pt; color: rgb(0, 103, 172); text-align: left;"><em><strong>Buyers have to ask the &quot;barrier to entry&quot; question... is it cheaper and more efficient to start your own business or does a particular opportunity offer you a sufficient leg-up to warrant purchasing a business instead?</strong></em> </div> http://www.benchmarkbusinessgroup.com/buy-a-business/buying-a-business-newsletter/the-process-of-buying-a-business http://www.benchmarkbusinessgroup.com/buy-a-business/buying-a-business-newsletter/the-process-of-buying-a-business Fri, 07 Dec 2018 06:00:00 +0000 <div style="font-family: Georgia, &quot;Times New Roman&quot;, Times, serif; font-size: 16pt; color: rgb(0, 103, 172); text-align: left;"><em><strong>Buying a business is a big step but many buyers know more about the kind of car they would like to buy than the kind of business they would like to buy. Give it plenty of thought and narrow your focus as much as possible.</strong></em> </div> http://www.benchmarkbusinessgroup.com/buy-a-business/buying-a-business-newsletter/do-you-know-what-questions-to-ask-when-buying-a-business http://www.benchmarkbusinessgroup.com/buy-a-business/buying-a-business-newsletter/do-you-know-what-questions-to-ask-when-buying-a-business Fri, 30 Nov 2018 06:00:00 +0000 <div style="font-family: Georgia, &quot;Times New Roman&quot;, Times, serif; font-size: 18pt; text-align: left;"><em style="color:#0067ac; font-size:16pt"><strong>There clearly is a strategy for buying a business. It can be expressed in definable ways like products &amp; the market, organization &amp; management, systems, people, and last - but not least - finance. The answers may be different for every business but the questions are the same.</strong></em><br /> &nbsp; </div> http://www.benchmarkbusinessgroup.com/buy-a-business/buying-a-business-newsletter/are-you-buying-a-business-or-buying-a-job http://www.benchmarkbusinessgroup.com/buy-a-business/buying-a-business-newsletter/are-you-buying-a-business-or-buying-a-job Fri, 16 Nov 2018 06:00:00 +0000 <div style="font-family: Georgia, &quot;Times New Roman&quot;, Times, serif; font-size: 16pt; color: rgb(0, 103, 172); text-align: left;"><em><strong>Every business has both risk and reward. Buying a business to replace your job is simply buying another job with a possible crazy person for a boss. Be careful of your motives for owning and operating your own business.</strong></em> </div> http://www.benchmarkbusinessgroup.com/buy-a-business/buying-a-business-newsletter/buying-a-business-vs-starting-your-own http://www.benchmarkbusinessgroup.com/buy-a-business/buying-a-business-newsletter/buying-a-business-vs-starting-your-own Fri, 09 Nov 2018 06:00:00 +0000 <div style="font-family: Georgia, &quot;Times New Roman&quot;, Times, serif; font-size: 18pt; text-align: left;"><em style="color:#0067ac; font-size:16pt"><strong>Buying a business can be like adopting an adolescent, much of its personality has already been formed and you need to learn how to adapt to each other to make a successful relationship.</strong></em><br /> &nbsp; </div> http://www.benchmarkbusinessgroup.com/buy-a-business/buying-a-business-newsletter/one-reason-why-you-should-buy-vs-start-a-business http://www.benchmarkbusinessgroup.com/buy-a-business/buying-a-business-newsletter/one-reason-why-you-should-buy-vs-start-a-business Fri, 02 Nov 2018 05:00:00 +0000 <table border="0" class="ArticleBG1 BlockMargin" id="textEdit" style="width:100%"> <tbody> <tr> <td align="left" style="color: #000000;" valign="top"> <div style="font-family: Georgia, &quot;Times New Roman&quot;, Times, serif; font-size: 18pt; text-align: left;"><em style="color:#0067ac; font-size:16pt"><strong>There are many advantages to buying a business versus starting one. It feels like you pay more to buy a business but the many hidden costs of a startup can actually be more expensive.</strong></em> <div style="font-family: Georgia, &quot;Times New Roman&quot;, Times, serif; font-size: 16pt; color: rgb(0, 103, 172); text-align: left;"><br /> <br /> &nbsp; </div> </div> </td> </tr> </tbody> </table> http://www.benchmarkbusinessgroup.com/buy-a-business/buying-a-business-newsletter/signing-non-disclosure-documents-when-buying-a-business http://www.benchmarkbusinessgroup.com/buy-a-business/buying-a-business-newsletter/signing-non-disclosure-documents-when-buying-a-business Fri, 26 Oct 2018 05:00:00 +0000 <div style="font-family: Georgia, &quot;Times New Roman&quot;, Times, serif; font-size: 18pt; text-align: left;"><em style="color:#0067ac; font-size:16pt"><strong>It is standard business practice for brokers to request Non Disclosure Agreements from buyers on behalf of their seller clients.&nbsp;</strong></em><em style="color:#0067ac; font-size:16pt"><strong>For convenience and efficiency, it is also common for the NDA to cover <u>any</u> businesses shown to the buyer by the broker.</strong></em> </div> http://www.benchmarkbusinessgroup.com/buy-a-business/buying-a-business-newsletter/buying-a-small-business-vs-a-large-business http://www.benchmarkbusinessgroup.com/buy-a-business/buying-a-business-newsletter/buying-a-small-business-vs-a-large-business Fri, 19 Oct 2018 05:00:00 +0000 <table border="0" class="ArticleBG1 BlockMargin" id="textEdit" style="width:100%"> <tbody> <tr> <td align="left" style="color: #000000;" valign="top"> <div style="font-family: Georgia, &quot;Times New Roman&quot;, Times, serif; font-size: 18pt; text-align: left;"><em style="color:#0067ac; font-size:16pt"><strong>The kind of businesses most buyers buy look nothing like GE or Microsoft. They are privately held and need hands-on attention. And, have an insatiable appetite for working capital.</strong></em><br /> &nbsp; </div> </td> </tr> </tbody> </table> http://www.benchmarkbusinessgroup.com/buy-a-business/buying-a-business-newsletter/growing-your-business-through-strategic-acquisition http://www.benchmarkbusinessgroup.com/buy-a-business/buying-a-business-newsletter/growing-your-business-through-strategic-acquisition Fri, 12 Oct 2018 05:00:00 +0000 <table border="0" class="ArticleBG1 BlockMargin" id="textEdit" style="width:100%"> <tbody> <tr> <td align="left" style="color: #000000;" valign="top"> <div style="font-family: Georgia, &quot;Times New Roman&quot;, Times, serif; font-size: 18pt; text-align: left;"><em style="color:#0067ac; font-size:16pt"><strong>If you currently own a business and decide to grow by acquisition, be mindful of the cultural changes that could occur within your existing business as a result.</strong></em><br /> &nbsp; </div> </td> </tr> </tbody> </table> http://www.benchmarkbusinessgroup.com/buy-a-business/buying-a-business-newsletter/dont-be-afraid-of-financing-when-buying-a-business http://www.benchmarkbusinessgroup.com/buy-a-business/buying-a-business-newsletter/dont-be-afraid-of-financing-when-buying-a-business Fri, 05 Oct 2018 05:00:00 +0000 <table border="0" class="ArticleBG1 BlockMargin" id="textEdit" style="display:table; width:100%"> <tbody> <tr> <td align="left" style="color: #000000;" valign="top"> <div style="font-family: Georgia, &quot;Times New Roman&quot;, Times, serif; font-size: 18pt; text-align: left;"><em style="color:#0067ac; font-size:16pt"><strong>Most business owners find money and financing a mysterious, if not scary, topic. Banks have similar rules they all play by and it is wise to spend some time learning the rules of the financing game.</strong></em><br /> &nbsp; </div> <div style="text-align: left;"><br /> &nbsp; </div> </td> </tr> </tbody> </table> http://www.benchmarkbusinessgroup.com/buy-a-business/buying-a-business-newsletter/having-a-competent-attorney-is-a-necessity-when-buying-a-business http://www.benchmarkbusinessgroup.com/buy-a-business/buying-a-business-newsletter/having-a-competent-attorney-is-a-necessity-when-buying-a-business Fri, 28 Sep 2018 05:00:00 +0000 <table border="0" class="ArticleBG1 BlockMargin" id="textEdit" style="display:table; width:100%"> <tbody> <tr> <td align="left" style="color: #000000;" valign="top"> <div style="font-family: Georgia, &quot;Times New Roman&quot;, Times, serif; font-size: 18pt; text-align: left;"><em style="color:#0067ac; font-size:16pt"><strong>For almost every rule there is an exception. In law, there are almost no absolutes. Getting competent legal assistance when buying a business is a must.</strong></em><br /> &nbsp; </div> </td> </tr> </tbody> </table> http://www.benchmarkbusinessgroup.com/buy-a-business/buying-a-business-newsletter/setting-deadlines-when-buying-a-business http://www.benchmarkbusinessgroup.com/buy-a-business/buying-a-business-newsletter/setting-deadlines-when-buying-a-business Fri, 21 Sep 2018 05:00:00 +0000 <table border="0" class="ArticleBG1 BlockMargin" id="textEdit" style="display:table; width:100%"> <tbody> <tr> <td align="left" style="color: #000000;" valign="top"> <div style="font-family: Georgia, &quot;Times New Roman&quot;, Times, serif; font-size: 18pt; text-align: left;"><em style="color:#0067ac; font-size:16pt"><strong>Getting an agreeable deal with a seller -&nbsp;</strong></em><em style="color:#0067ac; font-size:16pt"><strong>like a signed offer and acceptance - is only&nbsp;</strong></em><em style="color:#0067ac; font-size:16pt"><strong>half the battle. Getting to the closing table is&nbsp;</strong></em><em style="color:#0067ac; font-size:16pt"><strong>the next big hurdle. The better the plan, the&nbsp;</strong></em> </div> <div style="font-family: Georgia, &quot;Times New Roman&quot;, Times, serif; font-size: 18pt; text-align: left;"><em style="color:#0067ac; font-size:16pt"><strong>more likely it is to happen.</strong></em> </div> </td> </tr> </tbody> </table> http://www.benchmarkbusinessgroup.com/buy-a-business/buying-a-business-newsletter/are-you-interested-in-buying-the-business-you-work-for http://www.benchmarkbusinessgroup.com/buy-a-business/buying-a-business-newsletter/are-you-interested-in-buying-the-business-you-work-for Fri, 14 Sep 2018 05:00:00 +0000 <table border="0" class="ArticleBG1 BlockMargin" id="textEdit" style="display:table; width:100%"> <tbody> <tr> <td align="left" style="color: #000000;" valign="top"> <div style="font-family: Georgia, &quot;Times New Roman&quot;, Times, serif; font-size: 18pt; text-align: left;"><em style="color:#0067ac; font-size:16pt"><strong>While buying the business you work for has its own special challenges, many of the issues are the same whether you worked for the previous owner or not.</strong></em><br /> &nbsp; </div> </td> </tr> </tbody> </table> http://www.benchmarkbusinessgroup.com/buy-a-business/buying-a-business-newsletter/what-to-know-about-buying-a-business-with-real-estate http://www.benchmarkbusinessgroup.com/buy-a-business/buying-a-business-newsletter/what-to-know-about-buying-a-business-with-real-estate Fri, 07 Sep 2018 05:00:00 +0000 <table border="0" class="ArticleBG1 BlockMargin" id="textEdit" style="display:table; width:100%"> <tbody> <tr> <td align="left" style="color: #000000;" valign="top"> <div style="font-family: Georgia, &quot;Times New Roman&quot;, Times, serif; font-size: 18pt; text-align: left;"><em style="color:#0067ac; font-size:16pt"><strong>Buying real estate along with a business has its own set of hidden operating costs. You need to factor in those costs as a separate center of liability.</strong></em> </div> </td> </tr> </tbody> </table> http://www.benchmarkbusinessgroup.com/buy-a-business/buying-a-business-newsletter/there-are-many-ways-to-finance-a-business-purchase-but-all-of-them-will-consider-your-character-and http://www.benchmarkbusinessgroup.com/buy-a-business/buying-a-business-newsletter/there-are-many-ways-to-finance-a-business-purchase-but-all-of-them-will-consider-your-character-and Fri, 31 Aug 2018 05:00:00 +0000 <table border="0" class="ArticleBG1 BlockMargin" id="textEdit" style="display:table; width:100%"> <tbody> <tr> <td align="left" style="color: #000000;" valign="top"> <div style="font-family: Georgia, &quot;Times New Roman&quot;, Times, serif; font-size: 18pt; text-align: left;"><em style="color:#0067ac; font-size:16pt"><strong>There are many ways to finance a business purchase but all of them will consider your character and credit history. The better the history the more the options.</strong></em> </div> </td> </tr> </tbody> </table> http://www.benchmarkbusinessgroup.com/buy-a-business/buying-a-business-newsletter/having-a-basic-understanding-of-the-business-is-key-when-buying-that-business http://www.benchmarkbusinessgroup.com/buy-a-business/buying-a-business-newsletter/having-a-basic-understanding-of-the-business-is-key-when-buying-that-business Fri, 24 Aug 2018 05:00:00 +0000 <table border="0" class="ArticleBG1 BlockMargin" id="textEdit" style="display:table; width:100%"> <tbody> <tr> <td align="left" style="color: #000000;" valign="top"> <div style="font-family: Georgia, &quot;Times New Roman&quot;, Times, serif; font-size: 18pt; text-align: left;"><em style="color:#0067ac; font-size:16pt"><strong>While it is more important to know how to run a business than to know the technical side of what the business does, it is important to at least have a basic understanding of it.</strong></em><br /> <br /> &nbsp; </div> </td> </tr> </tbody> </table> http://www.benchmarkbusinessgroup.com/buy-a-business/buying-a-business-newsletter/have-you-thought-about-buying-an-online-business http://www.benchmarkbusinessgroup.com/buy-a-business/buying-a-business-newsletter/have-you-thought-about-buying-an-online-business Fri, 17 Aug 2018 05:00:00 +0000 <p><em style="color:#0067ac; font-size:16pt"><strong>When buying a business the essential questions are the same for all. But each industry can have its own quirks that you should explore.</strong></em></p> http://www.benchmarkbusinessgroup.com/buy-a-business/buying-a-business-newsletter/there-are-many-loan-options-when-buying-a-business http://www.benchmarkbusinessgroup.com/buy-a-business/buying-a-business-newsletter/there-are-many-loan-options-when-buying-a-business Thu, 09 Aug 2018 05:00:00 +0000 <table border="0" class="ArticleBG1 BlockMargin" id="textEdit" style="display:table; width:100%"> <tbody> <tr> <td align="left" style="color: #000000;" valign="top"> <div align="center" style="text-align: center; font-family: Georgia, &quot;Times New Roman&quot;, Times, serif; font-size: 18pt;"> <div style="font-family: Georgia, &quot;Times New Roman&quot;, Times, serif; font-size: 18pt; text-align: left;"><em style="color:#0067ac; font-size:16pt"><strong>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.</strong></em> </div> </div> </td> </tr> </tbody> </table> http://www.benchmarkbusinessgroup.com/buy-a-business/buying-a-business-newsletter/if-you-decide-to-partner-with-someone-to-buy-a-business-your-arrangement-can-never-be-too-well-defi http://www.benchmarkbusinessgroup.com/buy-a-business/buying-a-business-newsletter/if-you-decide-to-partner-with-someone-to-buy-a-business-your-arrangement-can-never-be-too-well-defi Fri, 03 Aug 2018 05:00:00 +0000 <table border="0" class="ArticleBG1 BlockMargin" id="textEdit" style="display:table; width:100%"> <tbody> <tr> <td align="left" style="color: #000000;" valign="top"> <div style="font-family: Georgia, &quot;Times New Roman&quot;, Times, serif; font-size: 18pt; text-align: left;"><em style="color:#0067ac; font-size:16pt"><strong>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.</strong></em><br /> &nbsp; </div> </td> </tr> </tbody> </table> http://www.benchmarkbusinessgroup.com/buy-a-business/buying-a-business-newsletter/why-you-need-a-good-deal-team http://www.benchmarkbusinessgroup.com/buy-a-business/buying-a-business-newsletter/why-you-need-a-good-deal-team Fri, 20 Jul 2018 05:00:00 +0000 <div style="font-family: Georgia, &quot;Times New Roman&quot;, Times, serif; font-size: 18pt; text-align: left;"><em style="color:#0067ac; font-size:16pt"><strong>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.</strong></em> </div> http://www.benchmarkbusinessgroup.com/buy-a-business/buying-a-business-newsletter/when-buying-a-business-consider-its-digital-assets http://www.benchmarkbusinessgroup.com/buy-a-business/buying-a-business-newsletter/when-buying-a-business-consider-its-digital-assets Fri, 20 Jul 2018 05:00:00 +0000 <div style="font-family: Georgia, &quot;Times New Roman&quot;, Times, serif; font-size: 18pt; text-align: left;"><em style="color:#0067ac; font-size:16pt"><strong>It&#39;s a new age. Rusty equipment has now become digital assets, and worth much more to a business in many cases.</strong></em><br /> &nbsp; </div> http://www.benchmarkbusinessgroup.com/buy-a-business/buying-a-business-newsletter/as-a-business-buyer-meet-sellers-remorse-with-understanding http://www.benchmarkbusinessgroup.com/buy-a-business/buying-a-business-newsletter/as-a-business-buyer-meet-sellers-remorse-with-understanding Fri, 13 Jul 2018 05:00:00 +0000 <div style="font-family: Georgia, &quot;Times New Roman&quot;, Times, serif; font-size: 18pt; text-align: left;"><em style="color:#0067ac; font-size:16pt"><strong>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.</strong></em><br /> &nbsp; </div> http://www.benchmarkbusinessgroup.com/buy-a-business/buying-a-business-newsletter/look-beyond-the-financials-when-buying-a-small-business http://www.benchmarkbusinessgroup.com/buy-a-business/buying-a-business-newsletter/look-beyond-the-financials-when-buying-a-small-business Fri, 06 Jul 2018 05:00:00 +0000 <div style="font-family: Georgia, &quot;Times New Roman&quot;, Times, serif; font-size: 18pt; text-align: left;"><em style="color:#0067ac; font-size:16pt"><strong>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.</strong></em><br /> &nbsp; </div> http://www.benchmarkbusinessgroup.com/buy-a-business/buying-a-business-newsletter/what-to-know-before-buying-a-business http://www.benchmarkbusinessgroup.com/buy-a-business/buying-a-business-newsletter/what-to-know-before-buying-a-business Fri, 29 Jun 2018 05:00:00 +0000 <div style="font-family: Georgia, &quot;Times New Roman&quot;, Times, serif; font-size: 18pt; text-align: left;"> <div style="font-family: Georgia, &quot;Times New Roman&quot;, Times, serif; font-size: 18pt; text-align: left;"><em style="color:#0067ac; font-size:16pt"><strong>You can&#39;t get enough good advice before buying a business. There is also plenty of bad advice out there. Know the difference; use trusted sources.</strong></em><br /> &nbsp; </div> </div> http://www.benchmarkbusinessgroup.com/buy-a-business/buying-a-business-newsletter/dont-sleep-on-the-boring-businesses http://www.benchmarkbusinessgroup.com/buy-a-business/buying-a-business-newsletter/dont-sleep-on-the-boring-businesses Fri, 22 Jun 2018 05:00:00 +0000 <div style="font-family: Georgia, &quot;Times New Roman&quot;, Times, serif; font-size: 16pt; color: rgb(0, 103, 172); text-align: left;"><em><strong>You&#39;ve heard that it&#39;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.</strong></em> </div> http://www.benchmarkbusinessgroup.com/buy-a-business/buying-a-business-newsletter/be-aware-of-lease-issues-when-buying-a-business http://www.benchmarkbusinessgroup.com/buy-a-business/buying-a-business-newsletter/be-aware-of-lease-issues-when-buying-a-business Fri, 15 Jun 2018 05:00:00 +0000 <div style="font-family: Georgia, &quot;Times New Roman&quot;, Times, serif; font-size: 16pt; color: rgb(0, 103, 172); text-align: left;"><em><strong>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.</strong></em> </div> http://www.benchmarkbusinessgroup.com/buy-a-business/buying-a-business-newsletter/be-aware-of-the-impact-to-employees-when-buying-a-business http://www.benchmarkbusinessgroup.com/buy-a-business/buying-a-business-newsletter/be-aware-of-the-impact-to-employees-when-buying-a-business Fri, 08 Jun 2018 05:00:00 +0000 <div style="font-family: Georgia, &quot;Times New Roman&quot;, Times, serif; font-size: 16pt; color: rgb(0, 103, 172); text-align: left;"><em><strong>The most important assets in a business are people and processes. Look for businesses with strong processes and great people and&nbsp;</strong></em> </div> <div style="font-family: Georgia, &quot;Times New Roman&quot;, Times, serif; font-size: 16pt; color: rgb(0, 103, 172); text-align: left;"><em><strong>take care of them.</strong></em> </div> http://www.benchmarkbusinessgroup.com/buy-a-business/buying-a-business-newsletter/when-buying-a-business-consider-these-rules http://www.benchmarkbusinessgroup.com/buy-a-business/buying-a-business-newsletter/when-buying-a-business-consider-these-rules Fri, 01 Jun 2018 05:00:00 +0000 <div style="font-family: Georgia, &quot;Times New Roman&quot;, Times, serif; font-size: 16pt; color: rgb(0, 103, 172); text-align: left;"><em><strong>The three rules of business success* are:&nbsp;</strong></em><em><strong>1) Focus on revenue. 2) Never settle for second best products and services. 3) Never violate #1 and #2. *Harvard Business Review, April 2013</strong></em><em style="font-size:16pt"><strong>.</strong></em> </div> http://www.benchmarkbusinessgroup.com/buy-a-business/buying-a-business-newsletter/put-a-lot-of-thought-into-your-business-buying-criteria http://www.benchmarkbusinessgroup.com/buy-a-business/buying-a-business-newsletter/put-a-lot-of-thought-into-your-business-buying-criteria Fri, 25 May 2018 05:00:00 +0000 <table border="0" class="ArticleBG1 BlockMargin" id="textEdit" style="width:100%"> <tbody> <tr> <td align="left" style="color: #000000;" valign="top"> <div style="font-family: Georgia, &quot;Times New Roman&quot;, Times, serif; font-size: 18pt; text-align: left;"><em style="color:#0067ac; font-size:16pt"><strong>When coaching business owners, we often focus early in the relationship on the owners&#39;&nbsp;</strong></em><em style="color:#0067ac; font-size:16pt"><strong>self-awareness and self-discipline as a leader. When buying a business, the self-analysis&nbsp;</strong></em><em style="color:#0067ac; font-size:16pt"><strong>is no different.</strong></em>&nbsp; </div> </td> </tr> </tbody> </table> http://www.benchmarkbusinessgroup.com/buy-a-business/buying-a-business-newsletter/who-should-be-on-your-deal-team http://www.benchmarkbusinessgroup.com/buy-a-business/buying-a-business-newsletter/who-should-be-on-your-deal-team Fri, 18 May 2018 05:00:00 +0000 <table border="0" class="ArticleBG1 BlockMargin" id="textEdit" style="width:100%"> <tbody> <tr> <td align="left" style="color: #000000;" valign="top"> <div align="left" style="text-align: center; font-family: Georgia, &quot;Times New Roman&quot;, Times, serif; font-size: 18pt;"> <div style="text-align: left;"><span style="color:#0067ac"><em><strong>When buying a business it is important to think about and identify your &quot;Deal Team.&quot; That is, your business intermediary - or Broker - your attorney, accountant, and lenders.</strong></em></span><br /> &nbsp; </div> </div> </td> </tr> </tbody> </table> http://www.benchmarkbusinessgroup.com/buy-a-business/buying-a-business-newsletter/set-reasonable-rules-when-buying-a-business http://www.benchmarkbusinessgroup.com/buy-a-business/buying-a-business-newsletter/set-reasonable-rules-when-buying-a-business Fri, 11 May 2018 05:00:00 +0000 <table border="0" class="ArticleBG1 BlockMargin" id="textEdit" style="width:100%"> <tbody> <tr> <td align="left" style="color: #000000;" valign="top"> <div style="font-family: Georgia, &quot;Times New Roman&quot;, Times, serif; font-size: 18pt; text-align: left;"><em style="color:#0067ac; font-size:16pt"><strong>It&#39;s important to know the strengths and weaknesses you bring to the table as a buyer. Look for businesses that are compatible with your ability to add value.</strong></em><br /> <br /> &nbsp; </div> </td> </tr> </tbody> </table> http://www.benchmarkbusinessgroup.com/buy-a-business/buying-a-business-newsletter/having-a-deal-team-is-essential-when-buying-a-business http://www.benchmarkbusinessgroup.com/buy-a-business/buying-a-business-newsletter/having-a-deal-team-is-essential-when-buying-a-business Fri, 04 May 2018 05:00:00 +0000 <div style="font-family: Georgia, &quot;Times New Roman&quot;, Times, serif; font-size: 18pt; text-align: left;"><em style="color:#0067ac; font-size:16pt"><strong>The way a deal is structured has many implications that can come back to haunt you long after the deal is closed. Always consult an attorney in the process of buying a business. They are an essential part of the Deal Team.</strong></em><br /> <br /> &nbsp; </div> http://www.benchmarkbusinessgroup.com/buy-a-business/buying-a-business-newsletter/sba-loans-are-often-misunderstood http://www.benchmarkbusinessgroup.com/buy-a-business/buying-a-business-newsletter/sba-loans-are-often-misunderstood Fri, 27 Apr 2018 05:00:00 +0000 <div style="font-family: Georgia, &quot;Times New Roman&quot;, Times, serif; font-size: 16pt; color: rgb(0, 103, 172); text-align: left;"><em><strong>SBA insured loans remain one of the best and practical ways to finance a small business acquisition. Make sure your lender has SBA experience.</strong></em> </div> <table border="0" class="ArticleBG1 BlockMargin" id="textEdit" style="width:100%"> <tbody> <tr> </tr> </tbody> </table> http://www.benchmarkbusinessgroup.com/buy-a-business/buying-a-business-newsletter/are-you-ready-to-buy-a-business http://www.benchmarkbusinessgroup.com/buy-a-business/buying-a-business-newsletter/are-you-ready-to-buy-a-business Fri, 20 Apr 2018 05:00:00 +0000 <div style="font-family: Georgia, &quot;Times New Roman&quot;, Times, serif; font-size: 18pt; text-align: left;"> <div style="font-family: Georgia, &quot;Times New Roman&quot;, Times, serif; font-size: 16pt; color: rgb(0, 103, 172); text-align: left;"><em><strong>Self reflection is an important first step when buying a business. The purpose to owning a business is to give you more life, not to suck the life out of you.</strong></em> </div> </div> http://www.benchmarkbusinessgroup.com/buy-a-business/buying-a-business-newsletter/when-buying-a-business-ask-lots-of-questions http://www.benchmarkbusinessgroup.com/buy-a-business/buying-a-business-newsletter/when-buying-a-business-ask-lots-of-questions Fri, 13 Apr 2018 05:00:00 +0000 <table border="0" class="ArticleBG1 BlockMargin" id="textEdit" style="width:100%"> <tbody> <tr> <td align="left" style="color: #000000;" valign="top"> <div style="font-family: Georgia, &quot;Times New Roman&quot;, Times, serif; font-size: 18pt; text-align: left;"><span style="color:#0067ac"><em><strong>While there are many business opportunities to consider, a very few preliminary questions can determine if you should move forward or cross this one off.</strong></em></span> </div> </td> </tr> </tbody> </table> http://www.benchmarkbusinessgroup.com/buy-a-business/buying-a-business-newsletter/why-a-smooth-ownership-transition-is-critical http://www.benchmarkbusinessgroup.com/buy-a-business/buying-a-business-newsletter/why-a-smooth-ownership-transition-is-critical Fri, 06 Apr 2018 05:00:00 +0000 <p><span style="color:0067ac"><span style="font-family:Georgia,&quot;Times New Roman&quot;,Times,serif"><em><strong><strong style="font-size:16pt"><strong><em><strong>It is generally a good idea not to make any drastic changes to a business&#39; operations for up to a year following the purchase. Learn how the business works before you make big changes.</strong></em></strong></strong></strong></em></span></span></p> http://www.benchmarkbusinessgroup.com/buy-a-business/buying-a-business-newsletter/know-what-questions-to-ask http://www.benchmarkbusinessgroup.com/buy-a-business/buying-a-business-newsletter/know-what-questions-to-ask Fri, 30 Mar 2018 05:00:00 +0000 <p><strong style="color:#0067ac; font-size:16pt"><span style="font-family:Georgia,&quot;Times New Roman&quot;,Times,serif"><em><strong><span><strong><em><strong>When buying a business, your questions never seem to end. It helps to understand them in a few broad categories.</strong></em></strong></span></strong></em></span></strong></p> http://www.benchmarkbusinessgroup.com/buy-a-business/buying-a-business-newsletter/are-you-ready-to-commit http://www.benchmarkbusinessgroup.com/buy-a-business/buying-a-business-newsletter/are-you-ready-to-commit Fri, 23 Mar 2018 05:00:00 +0000 <p><strong style="color:#0067ac; font-size:16pt"><span style="font-family:Georgia,&quot;Times New Roman&quot;,Times,serif"><em><strong><span><strong><em><strong>Buying a business can be daunting; but you miss 100% of the shots you never take.</strong></em></strong></span></strong></em></span></strong></p> http://www.benchmarkbusinessgroup.com/buy-a-business/buying-a-business-newsletter/buying-a-business-is-not-an-event-but-a-journey http://www.benchmarkbusinessgroup.com/buy-a-business/buying-a-business-newsletter/buying-a-business-is-not-an-event-but-a-journey Fri, 16 Mar 2018 05:00:00 +0000 <p><strong style="color:#0067ac; font-size:16pt"><span style="font-family:Georgia,&quot;Times New Roman&quot;,Times,serif"><em><strong><span><strong><em><strong>Buying a business is not an event but a journey. Patience and persistence will pay the biggest dividends and help prevent a bad decision.</strong></em></strong></span></strong></em></span></strong></p> http://www.benchmarkbusinessgroup.com/buy-a-business/buying-a-business-newsletter/how-to-get-a-loan-to-buy-a-business http://www.benchmarkbusinessgroup.com/buy-a-business/buying-a-business-newsletter/how-to-get-a-loan-to-buy-a-business Fri, 09 Mar 2018 06:00:00 +0000 <p><strong style="color:#0067ac; font-size:16pt"><span style="font-family:Georgia,&quot;Times New Roman&quot;,Times,serif"><em><strong><span><strong><em><strong>In small business lending, a well-organized and complete application is the exception not the rule. Getting professional help to put your best foot forward is a good idea.</strong></em></strong></span></strong></em></span></strong></p> http://www.benchmarkbusinessgroup.com/buy-a-business/buying-a-business-newsletter/now-might-just-be-the-best-time-to-buy-a-business http://www.benchmarkbusinessgroup.com/buy-a-business/buying-a-business-newsletter/now-might-just-be-the-best-time-to-buy-a-business Fri, 02 Mar 2018 06:00:00 +0000 <p><strong style="color:#0067ac; font-size:16pt"><span style="font-family:Georgia,&quot;Times New Roman&quot;,Times,serif"><em><strong><span><strong><em><strong>With the large number of businesses expected to hit the market in the next few years, it would seem like a buyer&#39;s market is emerging.&nbsp; However, the number of quality businesses available is another matter.</strong></em></strong></span></strong></em></span></strong></p> http://www.benchmarkbusinessgroup.com/buy-a-business/buying-a-business-newsletter/good-businesses-sell-fast http://www.benchmarkbusinessgroup.com/buy-a-business/buying-a-business-newsletter/good-businesses-sell-fast Fri, 23 Feb 2018 06:00:00 +0000 <p><strong style="color:#0067ac; font-size:16pt"><span style="font-family:Georgia,&quot;Times New Roman&quot;,Times,serif"><em><strong><span><strong><em><strong>Buyers need to learn as much as possible about a business to make an offer, and sellers need to know as soon as possible if a buyer is serious. Don&#39;t wait too long to make an offer.</strong></em></strong></span></strong></em></span></strong></p> http://www.benchmarkbusinessgroup.com/buy-a-business/buying-a-business-newsletter/a-business-owner-must-also-be-a-leader http://www.benchmarkbusinessgroup.com/buy-a-business/buying-a-business-newsletter/a-business-owner-must-also-be-a-leader Fri, 16 Feb 2018 06:00:00 +0000 <p><strong style="color:#0067ac; font-size:16pt"><span style="font-family:Georgia,&quot;Times New Roman&quot;,Times,serif"><em><strong><span><strong><em><strong>If you want to buy a business and you have never owned one, you need to reflect long and hard on your readiness to lead.</strong></em></strong></span></strong></em></span></strong></p> http://www.benchmarkbusinessgroup.com/buy-a-business/buying-a-business-newsletter/buying-a-business-vs-buying-a-job http://www.benchmarkbusinessgroup.com/buy-a-business/buying-a-business-newsletter/buying-a-business-vs-buying-a-job Fri, 09 Feb 2018 06:00:00 +0000 <p><strong style="color:#0067ac; font-size:16pt"><span style="font-family:Georgia,&quot;Times New Roman&quot;,Times,serif"><em><strong><span><strong><em><strong>Before buying a business, know the difference between running a business and being self employed. One works even when you&#39;re not there, the other only works when you are there.</strong></em></strong></span></strong></em></span></strong></p> http://www.benchmarkbusinessgroup.com/buy-a-business/buying-a-business-newsletter/dig-deep-when-looking-for-a-business-loan http://www.benchmarkbusinessgroup.com/buy-a-business/buying-a-business-newsletter/dig-deep-when-looking-for-a-business-loan Fri, 02 Feb 2018 06:00:00 +0000 <p><strong style="color:#0067ac; font-size:16pt"><span style="font-family:Georgia,&quot;Times New Roman&quot;,Times,serif"><em><strong><span><strong><em><strong>Going from employee to business owner is a big step; prepare as well as you can but be ready for the unpredictable.</strong></em></strong></span></strong></em></span></strong></p> http://www.benchmarkbusinessgroup.com/buy-a-business/buying-a-business-newsletter/preparation-will-save-you-time-when-buying-a-business http://www.benchmarkbusinessgroup.com/buy-a-business/buying-a-business-newsletter/preparation-will-save-you-time-when-buying-a-business Fri, 26 Jan 2018 06:00:00 +0000 <p><strong style="color:#0067ac; font-size:16pt"><span style="font-family:Georgia,&quot;Times New Roman&quot;,Times,serif"><em><strong><span><strong><em><strong>When buying a business do your homework, do your research. But at the end of the day you&#39;ll come to a point where you have to say deal me in or deal me out.</strong></em></strong></span></strong></em></span></strong></p> http://www.benchmarkbusinessgroup.com/buy-a-business/buying-a-business-newsletter/are-you-ready-to-learn-how-to-buy-a-business http://www.benchmarkbusinessgroup.com/buy-a-business/buying-a-business-newsletter/are-you-ready-to-learn-how-to-buy-a-business Fri, 19 Jan 2018 06:00:00 +0000 <p><strong style="color:#0067ac; font-size:16pt"><span style="font-family:Georgia,&quot;Times New Roman&quot;,Times,serif"><em><strong><span><strong><em><strong>When buying a business do your homework, do your research. But at the end of the day you&#39;ll come to a point where you have to say deal me in or deal me out.</strong></em></strong></span></strong></em></span></strong></p> http://www.benchmarkbusinessgroup.com/buy-a-business/buying-a-business-newsletter/keep-an-open-mind-when-buying-a-business http://www.benchmarkbusinessgroup.com/buy-a-business/buying-a-business-newsletter/keep-an-open-mind-when-buying-a-business Fri, 12 Jan 2018 06:00:00 +0000 <p><strong style="color:#0067ac; font-size:16pt"><span style="font-family:Georgia,&quot;Times New Roman&quot;,Times,serif"><em><strong><span><strong><em><strong>It&#39;s important to have a good idea of what you want in a business, but keep an open mind along the way; opportunity can smack you in the head.</strong></em></strong></span></strong></em></span></strong></p> http://www.benchmarkbusinessgroup.com/buy-a-business/buying-a-business-newsletter/buying-vs-starting-a-business-know-your-appetite-for-risk http://www.benchmarkbusinessgroup.com/buy-a-business/buying-a-business-newsletter/buying-vs-starting-a-business-know-your-appetite-for-risk Fri, 05 Jan 2018 06:00:00 +0000 <p><span style="color:#0067ac; font-size:16pt"><strong><span style="font-family:Georgia,&quot;Times New Roman&quot;,Times,serif"><em><strong><span style="font-family:Georgia,&quot;Times New Roman&quot;,Times,serif"><strong><em><strong>There are many points of view on whether to start or buy a business and each has pros and cons. Evaluate your own appetite for risk</strong></em></strong></span></strong></em></span></strong></span><span style="color:#0067ac; font-size:16pt"><strong><span style="font-family:Georgia,&quot;Times New Roman&quot;,Times,serif"><em><strong>.</strong></em></span></strong></span></p>