Many business owners take on an SBA loan to cover the costs of a small business acquisition. Named after the Small Business Administration that guarantees
In the due diligence process, you’ll review the ins and outs of the business you intend to buy. You’ll gather the data you need to
Outsource manufacturing or produce on-site? You’ll need to give this question some thought as you decide how and where you’ll ramp up operations. Other factories
One of the best growth strategies for your current business—or to expand your investment portfolio—may be to buy another established, thriving business. This approach can
When you take out a mortgage, loan, or line of credit for your small business, your lender may ask you to purchase an insurance policy
According to a recent study, nearly 90 percent of consumers now read reviews for local businesses as part of the product or service selection process.
If you’re applying for a loan, grant, or another form of funding for your new business, you’ll need to create a business plan that spells
When you’re starting a business, you need a plan—a checklist—that will help you stay organized and ensure that you’re covering your bases. A checklist can
When you apply for an SBA loan, a term loan, or seller financing to buy a business you’ll need to present the lender with a
One of the final pieces of selling your business is signing off on the business purchase agreement. Once your buyer has worked through the due
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