Profile: Buying a business is no easy task. In fact, business buyers are faced with many questions before beginning their search for an existing business for sale. BizBenNetwork Senior Facilitator Manager Jordan Green gives helpful tips for prospective business buyers to start their search on the right foot.
Key Words: buying a business, business buyers, buyer, buyers, buying a small business, absentee, absentee run, pre-qualification, financing, loans, sba loans, deposits, business purchase financing, due diligence, jordan green
Profile: Due diligence is an investigative inquiry into a business that is performed by a potential small business buyer in order to ensure that the business being purchased is everything that has been represented by the business owner/seller. Here are the best practices for performing due diligence.
Key Words: due diligence, buying a business, buyer, buyers, buy a business, attorney, cpa, non-disclosure agreement, tax returns, income statements, due diligence period, balance sheets, cash flow statements, lease, leases, purchase agreement, purchase agreements, assets, liabilities, legal contracts, distribution agreements, risk, risks, lawsuits, due diligence checklist, jordan green
Profile: Determining a reasonable deposit and appropriate timeline for the various steps involved in a small business transaction can ultimately have a large impact on the sale of a business. BizBenNetwork Manager Jordan Green explains the important role that deposits play in a business’s sale.
Key Words: deposits, escrow, deposit, non-refundable deposit, purchase agreement, attorney, cpa, broker, brokers, buyers, buying a business, due diligence, deal structures, jordan green
Profile: Performing due diligence when buying a business is critical to ensuring that you are making the best purchase for you and your family. As your professional team dives deep into a business during due diligence, be sure to ask the seller these questions about owning and operating the business.
Key Words: buyers, business buyers, buying a business, due diligence, jordan green
Profile: In this BBN blog, BizBenNetwork Senior Facilitator Manager Jordan Green shares important tips for selecting and buying an auto repair shop. Topics covered include self reflection, ownership, and examining a shop’s location, reviews and reputation, and marketing tactics before finalizing a purchase.
Key Words: auto, auto repair, auto repair shop, auto body, due diligence, service, mechanic, smog, smog shops, tires, buyers, buying a business
Profile: To what extent should a buyer rely on the selling broker for "decision making" information? Most people realize that when buying a laundry business there are certain areas that need to be investigated before completing any business acquisition. Chuck Post (laundry specialist & consultant) explains.
Key Words: chuck post, due diligence, diligence, laundry, coin laundry, laundromat, laundries, card laundry, laundrys, coin laundry, coin operated, laundry mat, coin laundries, card laundries, coin op laundry, coin-op laundry, coin-op laundries, coin laundry, coin-operated laundromat
Profile: Whether it’s a business owner/seller or a business broker representing a business owner who is selling, buyers of businesses must be diligent about asking the right questions and getting the right information up front before wasting their time or losing money in a potential futile transaction.
Key Words: buying a business, peter siegel
Profile: Chuck Post hosts this live FREE webinar on Buying A Card or Coin Laundry. Have your questions ready for an open and honest discussion about both the pros and the cons of the laundry industry. These informative webinars are designed to answer the tough questions that others may prefer to not answer.
Key Words: chuck post, webinar, seminar, webinars, workshop, laundry, coin laundry, laundromat, laundries, card laundry, coin laundry, coin operated, laundry mat, coin laundries, laundry, laundries, laundromats, card laundry, card laundries, coin laundry, coin laundries, card laundries, coin op laundry, coin-op laundry, coin-op laundries, coin laundry, coin-operated laundromat