5 Reasons You Need a Business Broker

So, you read our last blog, and you’ve decided to buy a business in Raleigh. The timing is right, you know who will help you run the business: You may have even gone over the numbers, and checked out a few businesses for sale, but you are still unsure if you need a business broker. Here are five reasons why you need a confidential business broker to help you buy a business in Raleigh.

Prescreening Process

When you are buying a business and you include a business broker, you are ensuring that you are getting all the information that you need upfront to even consider buying a business. Many business brokers will not even work with business owners who are selling a business, unless the owner will disclose all relevant information, including all their financials. A business broker who you can trust, has been involved in several deals and so is more experience at the buying a business process and can “mine” from their experience to help you make a wise investment.

Define Your Interest

Though you may think you know what you want when buying a business […]

February 22nd, 2017|

Buying a Business: What You Should Know

There is a lot to understand when you are buying a business. Not only do you have personal aspects of your life that must be considered, but also you need to make sure that you are making a wise investment and buying the business right. Whether you’ve bought a business before or this is your first time owning a business, here are some of the things that you should consider. Today, we are going to discuss what you should consider personally before you buy a business.

Consider Why?

The first question to ask is, “Why are you buying a business?” Are you buying a business because you actually want to own a business? Or are you buying a business as a reaction to life’s or your personal circumstances. Before you take the plunge and buy a business, consider the amount of effort running a business can take and how much of your time this will take.  

Timing

The next aspect of buying a business to consider is timing: Is this the best time to buy a business? Boredom is not the best reason for buying a business, unless you are the type that likes to […]

February 5th, 2017|