Acquiring an Independent Business vs a Franchise
Executive Summary: If you value control, creativity, and autonomy, an independent business gives you the freedom you seek. If you’re more interested in something already designed and tested for success, that won’t require you to create marketing materials, new products, or deal with other challenges, a franchise comes with a good deal of the heavy […]
How Do I Buy an Existing Small Business?
Steps to Buy a Small Business: When you’ve found the business you want to buy, assess the business environment that it will be operating in. Understand what makes the business successful so that you can replicate that success. Perform due diligence with an accountant, lawyer, and other consultants. Review all financial records and documents. Consider […]
How to Buy an Online Business
We spoke with Blake Hutchinson, CEO of Flippa, one of the largest end-to-end business marketplaces in the world. Read on for his insights into buying digital businesses online. Historically, buying a small business has been a very tangible, in-person experience. As an aspiring small business owner, you could tour the brick and mortar establishment, see […]
Where to Find Small Businesses for Sale
Following your entrepreneurial dreams doesn’t have to mean building something brand-new from the ground up. Buying an existing business or franchise can increase your chances of success by allowing you to grow an already successful brand. Learn about where to find small businesses for sale and what to look for. Unless you’ve had your eye […]
Small Business Opportunities: 5 Steps to Help You Find a Business to Buy
Whether you’re debating what industry you’ll dive into or opening an independent business or a franchise, use these steps to choose the right business.
Businesses for Sale: 5 Resources to Find the Right One
Once you’ve made the decision to pursue business ownership, the next challenge is figuring out what business to buy or start. If starting your own independent business doesn’t interest you, there are loads of other business opportunities out there, from signing on with a franchise to buying an existing business or franchise. To help you research […]
5 Simple Steps: Prepare Your Credit to Buy a Business
A lot of preparation goes into launching a start-up, from determining what kind of industry you’re interested in to developing your business model. But of equal importance is a step that many aspiring entrepreneurs overlook: getting your credit in shape in order to attain small business financing. Credit has a large impact not only on whether […]