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What to Look for When Buying a Business

Potential business owners often view buying an existing business as less risky than starting a company from scratch. Turnkey businesses provide an established client base, a recognizable name, and a predictable cash-flow pattern. But shrewd investors can further reduce their risks by evaluating the following areas before purchasing: Franchise vs. an independent business The brand …

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STEPS TO SUCCESS HOW TO BUILD A COMPREHENSIVE BUSINESS PLAN

Steps to Success: How to Build a Comprehensive Business Plan

“I have always thought that one man of tolerable abilities may work great changes, and accomplish great affairs among mankind, if he first forms a good plan, and, cutting off all amusements or other employments that would divert his attention, make the execution of that same plan his sole study and business.” Benjamin Franklin There …

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