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Posts Tagged ‘buy a business’

I Want to Buy a Business… I Think

buy a business

Buy a business

Starting a business is an exciting and potentially rewarding venture. Buying a business can also be an exciting and rewarding venture. If one wants to be an Entrepreneur or Small Business Owner what route does one take?. Is it best for you to start your own business. Is it best to buy an existing business. Or as in some cases (as in my business career) are you involved with both starting a business and then at some point…

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We Suck Less

We suck less

We suck less

Back in 1985 I was working for (a Texas based Technology company ). We were bidding on a very large multi-million dollar computer based project for the Los Angeles Unified School District (LAUSD). Part of the bidding process involved all us potential vendors travelling via buses throughout the Los Angeles area viewing a dozen of the 700+ schools that would potentially buy and use our systems. While driving thru the various areas of LA I had seen white…

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3 Small Business Owner Concepts that Sound Unusual. Do They Apply to You?

unusual business concepts

Unusual concept

1. My business runs better without me

2. I’m selling my business after 20 years time to take it easy? No, its time to work hard

3. When Negotiating – Those who want it less - Wins?

My focus is working with business owners and individuals with the process of buying and selling businesses.  These concepts apply both to the process of buying and selling businesses as well  running a small business.

1.  When starting your business, you are the face…

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Top 7 Gotcha’s at Closing When Buying a Business

buying a business

Avoiding Mistakes at Closing

The buying and selling of businesses can be an arduous process.  Both the buyer and seller are well served having a professional business broker that is seasoned and has a penchant for details.

In addition to the emotion of turning over the keys or leveraging one’s life savings for a new venture, there can be a lot of roadblocks along the way. I’ve listed the Top 7 issues of the 15…

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A Day at Entrepreneurs Law School

business legal

Business legal

Sometimes it may be easy to recognize what a successful person looks like because of the fancy car, expensive clothes or the big house or houses.  But, what does a future Successful person look like? 

Last weekend I was asked to speak at the Entrepreneur Law School at Florida Gulf Coast University.  I spoke along with an attorney to a standing room only crowd of small business owners in Southwest Florida.  These small business owners paid $100 to attend…

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Need a Job? Buy a Job – Buy a Business

buy a job

buy a job, buy a business

Consider the various routes successful entrepreneurs business owners take when building a successful operation.  It is important to consider that the path taken is varied, and success need not necessarily follow one specific path.  Bill Gates did not invent the MS-DOS program that became the Windows operating system we know today.  Entrepreneurs can start with an idea, and turn it into a successful business venture.  Entrepreneurs can buy a business, step in and continue that operation…

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Start or Buy a Green Business: Measure Twice – Cut Once

green jobs

green jobs for green business

I believe  a disconnect exist between all the news media exposure regarding the “green movement”, “green jobs”  and the actual mindset of most small business owners and entrepreneurs.   It is no doubt that “green” has become one of the more reported on phenomenon over the last couple of years.  The  US election had strong ties to green promises  and  future jobs.  This mantra has created general optimism.  One of the most…

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Small Business Owner, Entrepreneur, Dreamer? What is your Status?

train station

What is your status?

2010 is approaching.  In our professional and personal world we use this time of year to think/plan ahead on where or what we may want to accomplish in the upcoming year.  The first part of trying to figure out where we are going is determining where we are.  What is your status?  In Facebook and Twitter we want to tell others of our status in our personal life, but do we tell others or even really tell…

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How Much? – when buying or selling a business

business valuation

How much?

You buy products or services and one of the first thoughts you have is – How Much?  You sell products or services to customers and one of the first thing a customer wants to know is- How Much? Somebody looks at buying a business and again needs to know – How Much?  And a business owner is ready to sell his business and either move on to other business interest or retire and he needs to determine –…

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Good News the Government Says the Recession is Over….What?

Light at the end of a tunnel

Light at the end of a tunnel

The economy will recover. Someday. Many measures have been taken to help boost the economic recovery, but evidence of a struggling economy continues to surround those in the business community, job seekers, and families trying to make ends meets. Business Owners, and Entrepreneurs have to push ahead regardless of the difficult conditions surrounding them. Businesses continue to feel the need to delay additional investment in their own businesses. Business acquisition, mergers, and businesses…

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Buying an Existing Business vs. Starting my Own Business

Buy sell biz

Buy sell biz

You are an entrepreneur or small business owner or aspiring small business owner and you want a new venture. Do you buy an existing business? Do you start your own business?

Buying an existing business can be safer than starting your own business from start-up. Business startups unfortunately have a fairly high failure rate * Many figures on failure are passed around and it depends on what numbers to believe, but the rate is fairly high (*Statistics…

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