Buying a Business

Buying a Franchise vs. an Independent Business: What Are the Pros and Cons?

By Jeff Swiggett You would love to operate your own business, and over the years you’ve set aside money to invest in a company to fulfill this lifelong dream. And when it finally comes time to buy a business of your own, you’re left with two options: investing in a franchise opportunity or buying an independent […]

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2 Shortcuts to Starting Your Own Business

Are you dying to start a business–now? Entrepreneurs are impatient by nature, so going through all the steps required to start a business—from writing a business plan to finding a location and applying licenses and permits—can be sheer agony for many. There are two shortcuts to starting a business that can put you in the

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3 Biggest Challenges Every Franchisee Faces—And How to Overcome Them

By Josh Cohen When you buy a franchise, you’re not starting a business from scratch, but you still have work to do. Many new franchisees underestimate what it takes to succeed—they don’t realize there’s more to franchising than just picking a brand and opening a new location. Becoming a new franchisee is an uphill climb

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Top 6 Things to Know Before Buying a Liquor Store

By Bruce Hakutizwi Liquor stores can be a very stable option for those looking to acquire a business of their own. But just like any other business, liquor store owners who are more likely to succeed work hard, are dedicated, and have a solid understanding of the business and its potential pitfalls before they jump

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Businesses for Sale: Who’s Buying and Who’s Selling?

The U.S. market of businesses for sale is on a hot streak. Small businesses are selling for record-breaking prices, according to BizBuySell, a marketplace for small business buyers and sellers. Business owners are entering the market and listing their businesses for sale to capitalize on rising prices, BizBuySell reports. Meanwhile, business buyers are willing to

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Making Money Online: When Is It Smart to Buy an Existing E-Commerce Site?

Make money online! How many times have you seen those words on an email subject line or emblazoned across a piece of clickbait? I don’t think I need to tell Allbusiness.com readers that the information behind virtually every “make money online” come-on line is disappointing. However, one time-honored way to make money is to buy

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KPI

Buying a Business? 5 Essential KPIs You Need to Review Before You Buy

By Bruce Hakutizwi If you’ve ever watched ABC’s Shark Tank, you’ll know the Sharks are at their most vicious when the contestants pitching their business ideas don’t know their numbers. They’ll pounce when questions about basic metrics like revenue, profit margin, and cost of customer acquisition are met with feeble replies of “Ummm…” and “Well…”

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