Buying or Selling your Business
Summary - Buying or Selling your Business is a decision that will greatly affect not only your finances, but also your time. Many sellers decide to dissolve their businesses due to “burn out”, the owner's desire to pursue other less stressful and time-consuming ventures. To determine an opportunity that is right for you, you should consider a business broker; skilled in the acquisition of existing businesses, the business broker can help you find a business that suits your interests and qualifications.
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Valuing Businesses Worth Less Than One Million Dollars
Summary - Regardless of the valuation method used, the appraiser attempts to determine a fair market value. As a buyer, seller, or professional representing those interests, it is the subjective interest of any party to pay as little or sell for as much as possible. As buyers or sellers we are often compelled by outside factors. Terms, usually relating to seller financing can also help create a transaction at a price above the appraised value.
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How To Investigate A Franchise
Summary - Franchising is not a business or industry. It is a method of doing business. It usually involves the Franchisor providing Trademark and Tradename usage, along with an “operating system”, and training for the Franchisee, preparing the Franchisee to properly implement the system. Often, ongoing operational support, advertising assistance and new product/service development is provided by the Franchisor. To be part of the system, an individual is required to pay an initial franchise fee and advertising contributions, and to agree to adhere to the standards of the chain.
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The Small Business Administration (SBA) Loan Guarantee Program
Summary -
The Small Business Administration Loan Guarantee Program is a very useful, but often confusing and misunderstood funding program. SBS helps many clients arrange business acquisition, business expansion or remodeling, and business refinancing through the SBA Loan Guarantee Program. The purpose of this Article is to clarify what may or may not be achieved with this program.
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