Many small businesses have closed, severely reduced output, or are slowly reopening during the COVID-19 pandemic. So why would a business buyer consider moving forward with a transaction in such a dismal environment? This is why: Business Owners are Motivated to Sell A large percentage of small business owners are Baby Boomers that have survived 9/11 [...]
If you own a small business and want to expand, or if you are an individual who wants to own a small business, you may be tempted to create one organically. You might think that long term, an organic start-up will save you money; however, this is the furthest from the truth. Statistics show that only [...]
You’ve decided to buy a business. Maybe this is your first acquisition, or maybe you are a serial small business owner. If you’ve gone through this process before, you understand the drill. 90% of the buyers that decide to buy a business never follow through. No wonder brokers and sellers are very thorough in their buyer [...]