5 Elements for Buyers to Investigate

When you’re in the process of buying a business, it’s important to stay logical. No matter how good the opportunity may seem at first glance, be sure to carefully evaluate the business in a step-by-step manner. Regardless of how excited you might be about the prospect of ownership; you’ll want to have your guard up…

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What You Need to Know About Partnership Agreements

There have been countless instances when someone has gone into business with a relative or close friend and made the mistake of skipping a formal agreement. No matter how good a friend may be, you will always want to get the terms of the partnership in writing. A partnership agreement is a vitally important document…

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SBA Loans Versus Traditional Loans

Business buyers often ask our business brokers in CT, VT, NY, MI, PA or MA for advice on which kinds of loans are best. This article compares some pros and cons of SBA loans versus traditional loans from a bank. If you are in the market to buy a business, please feel free to reach…

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Recognizing Symptoms of Burnout and How a Business Broker Can Help

Burnout affects many business owners. Sometimes the best solution is to sell the business before it begins to suffer as a result. While potential buyers may find business burnout an unlikely reason to sell, it is considered a valid reason. Cashing out sooner rather than later will help you avoid devaluing your business and being…

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A Look at the Market Pulse Report

The Market Pulse Report Survey is a resource that has a variety of information that business brokers and M&A advisors regularly utilize to better understand the business landscape. The most recent survey was conducted April 1st to April 15th 2022 and had 360 broker and advisor respondents. It also marked the 40th edition of the…

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Three Reasons Why You Might Want to Own a Business

Have you been thinking that business ownership is for you? Many people are committed to the idea of owning a business and work hard to pursue this goal. Of course, the path towards buying a business is indeed complicated and requires a significant investment of not only money but also time. As a result, you’ll…

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4 Takeaways from the Latest BizBuySell Quarterly Report

BizBuySell is an online resource that focuses on offering unique content that specifically addresses the needs of buyers and sellers. To make this happen, BizBuySell has teamed with a range of experienced business brokers who are covering topics relevant to business owners, buyers, and sellers. For example, they feature articles that focus on how to…

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The True Meaning of a Fairness Opinion

Many people assume they know what “fairness opinion” means because they are familiar with the term “fair market value.” Fair market value refers to a price that is reasonable for both a buyer and seller in an open and competitive market. However, a fairness opinion is quite different. This term refers to a report that…

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The Legal Side of Your Transaction

It should come as no surprise that legal issues can quickly pop up during the buying and selling process. If you’re planning to sell your business, it’s important to think through these matters ahead of time so you don’t accidentally fall into any common traps that can affect unprepared sellers. When you work with an…

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Is it Possible to Buy a Business Without Collateral?

When it comes to getting a loan, you can be certain that a bank will want collateral. This is true for both personal and business loans. Simply stated, if you have collateral, your bank won’t be concerned about being left empty handed if you can’t repay the loan. Many budding business owners are, in fact,…

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