Buy a Business Library
The Right Attorney for Your Acquisition
Buying a business? It’s a must to include an attorney on your team, especially as you work through the complex …
How to Connect with the Owner of Your Target Business
Your research, conversations with key industry players, and searches on business listing sites should help you find some high-potential businesses …
Post-Transition: The Actions You Need to Take As the New Owner of a Business
You’ve spent months searching for a business to buy, pouring through financials, negotiating offers, and navigating financing. Now you’ve closed …
The Right Accountant for Your Acquisition
A knowledgeable business accountant is a must for any small business acquisition—and for all the work that follows. Here’s why: …
Why You Need a Letter of Intent (LOI) to Purchase a Business
When you find a business you’d like to purchase, your attorney will draft a letter of intent (LOI) to indicate …
The Pros and Cons of Buying an Established Business
Before you decide whether buying a business is the right path for you, take some time to learn about the …
The Fundamentals of Buying a Business
Wondering how to buy a business? Many people do, especially when they see the benefits others have achieved by taking …
How to Find Businesses That Are for Sale
Maybe you’ve heard about the benefits of buying a small business, and you’ve even decided which kinds of operations you …
Why Choose Asset-Backed Financing?
There are many ways to finance a business. One that few business owners consider is asset-backed financing. Many banks and …
Consider Using an SBA Loan to Buy a Business
SBA loans are one of the most commonly used ways to finance the purchase of a business. Named after the …
Smart Play: Buy a Low-Risk, High-Margin Business in a Growing Industry
If want to buy a business, then you’ve probably thought about operating one that’s novel, trendy, or exciting—one that’ll impress …
Pro Tip: Set Up an Entity Before Buying a Business
When most people set out to “buy a business,” what they’re really doing is buying a company’s assets. Many are …
How to Negotiate to Buy a Business
Once you’ve found a business that meets your criteria and you’ve vetted it with your accountant and attorney, you’ll start …
Lease-to-Buy: Could It Work for Your Acquisition?
There are lots of ways to finance a business acquisition. Few prospective business owners consider lease-to-buy, an option that can …
Buy a Business That Is Not for Sale
If you’re an aspiring entrepreneur who wants to buy a business instead of starting one from scratch, you likely know …
Grand Reopening: Create the Hype You Need to Make Your First Day a Success
Closing on your new business is a major achievement. Celebrate it by planning a grand reopening event that reintroduces your …
Why Seller Financing Can Be a Great Source of Capital
Seller financing is often a great option for buying a business. Let’s dive into what it is and why it …
Preliminary Due Diligence: How to Evaluate a Business Before Buying It
It can be exciting to find a small business that meets your criteria for acquisition. But do you know how …
Is a Distressed Business a Good Opportunity?
Distressed businesses exist in every industry. Some can be great opportunities, especially when they’re purchased for a low price and …
Your Go-to Guide for Financing an Acquisition
Have you thought about taking out a loan to buy a business? Many owners do. There are lots of loan …
Which Path to Entrepreneurship Is Right for You?
Wondering how to become a business owner? There’s more than one way to reach this goal. In this article, we’ll …
Evaluate the Asking Price of a Business
Two of the most difficult parts of buying a business are learning to evaluate the asking price and proposing a …
Develop a Business Plan That’ll Help You Attain Financing
When you apply for an SBA loan, a term loan, or seller financing to buy a business you’ll need to …
Loans to Consider to Buy a Business
Loans are one of the most common sources of capital owners use to buy a business. Many banks offer three …
Pre-acquisition Action Items: Steps You Must Take Before Buying a Business
Buying a business is a complex process. One of the smartest moves you can make is to spend time studying …
A Step-by-Step Guide to Evaluate a Business Listing
Businesses listed on business brokerage sites often follow a specific format. It can be great to have this consistency—and benefit from …
Smart Play: Offering the Seller an Earnout
Some businesses look risky to buy. Owners make promises that can’t be verified, or they make projections that seem too …
How to Renegotiate a Purchase with the Seller
Due diligence is one of the most important tasks you’ll take on when buying a business. Through the process, you’ll …
The Mistakes You Must Avoid When Buying a Business
From overlooking key issues to making missteps in negotiations, most first-time business buyers make mistakes when buying a business. In …
Find a Partner to Buy a Business
Thinking of finding a partner to buy a business with? There are lots of reasons to choose this option. Partners …
How to Use 401k Financing for Your Business Acquisition
There are lots of ways to access the funding you need to finance a business acquisition. But if the idea …
Due Diligence for Buying a Business
In the due diligence process, you’ll review the ins and outs of the business you intend to buy. You’ll gather …
Close the Deal: The 11 Things You Need to Take Ownership of a Small Business
A great deal of work goes into finding a small business to buy. Once you’ve found one, completed the due …
The Terms of Your Sales Agreement to Buy a Business
After you’ve sourced a business, evaluated its viability, and negotiated its terms, your attorney will draft a sales agreement that …