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Why Dr Jekyll would not be a good business buyer

We're all familiar with the story about Dr. Jekyll and Mr. Hyde; the person with two completely different personalities. Just as there are different types of buyers with different motivations, there are also buyers with different types of personalities. If you're planning on buying a business or if you own a business that you want to sell, here are some Dr. Jekyll "traits" that would discourage a seller revealing too much information about their business.

Thinking of buying or selling your business in the New Year, then start with your life plan

This article is the second in a set of 13 articles that collectively talks about 12 different plans to manage and operate a business. Why so much planning? Many business owners operate their business with the idea to earn as much as they can and pay as little tax as possible. This means selling the business is only considered when the owner is worn out and no longer has the motivation to maximize the performance and therefore purchase price they will receive. However, if this series of plans were recognized and executed on a consistent basis, not only would the business be available to sell as it’s in its best condition, but also allow the business owner an easier and more positive environment in which to own and operate the business; to be benefit to employees, suppliers, lenders and of course, the owner.

Thinking of buying or selling your business in the New Year, how is your Financial Plan?

This article is the third in a set of 13 articles that collectively talks about 12 different plans to manage and operate a business. Why so much planning? Many business owners operate their business with the idea to earn as much as they can and pay as little tax as possible. This means selling the business is only considered when the owner is worn out and no longer has the motivation to maximize the performance and therefore purchase price they will receive. However, if this series of plans were recognized and executed on a consistent basis, not only would the business be available to sell as it’s in its best condition, but also allow the business owner an easier and more positive environment in which to own and operate the business; to be benefit to employees, suppliers, lenders and of course, the owner.

Thinking of buying or selling your business in the New Year, how is your Business Plan?

This article is the fourth in a set of 13 articles that collectively talks about 12 different plans to manage and operate a business. Why so much planning? Many business owners operate their business with the idea to earn as much as they can and pay as little tax as possible. This means selling the business is only considered when the owner is worn out and no longer has the motivation to maximize the performance and therefore purchase price they will receive. However, if this series of plans were recognized and executed on a consistent basis, not only would the business be available to sell as it’s in its best condition, but also allow the business owner an easier and more positive environment in which to own and operate the business; to be benefit to employees, suppliers, lenders and of course, the owner.

Thinking of buying or selling your business in the New Year, how is your Sales and Marketing plan?

This article is the fifth in a set of 13 articles that collectively talks about 12 different plans to manage and operate a business. Why so much planning? Many business owners operate their business with the idea to earn as much as they can and pay as little tax as possible. This means selling the business is only considered when the owner is worn out and no longer has the motivation to maximize the performance and therefore purchase price they will receive. However, if this series of plans were recognized and executed on a consistent basis, not only would the business be available to sell as it’s in its best condition, but also allow the business owner an easier and more positive environment in which to own and operate the business; to be benefit to employees, suppliers, lenders and of course, the owner.

Thinking of buying or selling your business in the New Year, how is your Communication Plan?

This article is the sixth in a set of 13 articles that collectively talks about 12 different plans to manage and operate a business. Why so much planning? Many business owners operate their business with the idea to earn as much as they can and pay as little tax as possible. This means selling the business is only considered when the owner is worn out and no longer has the motivation to maximize the performance and therefore purchase price they will receive. However, if this series of plans were recognized and executed on a consistent basis, not only would the business be available to sell as it’s in its best condition, but also allow the business owner an easier and more positive environment in which to own and operate the business; to be benefit to employees, suppliers, lenders and of course, the owner.

Thinking of buying or selling your business in the New Year, how is your Management Plan?

This article is the seventh in a set of 13 articles that collectively talks about 12 different plans to manage and operate a business. Why so much planning? Many business owners operate their business with the idea to earn as much as they can and pay as little tax as possible. This means selling the business is only considered when the owner is worn out and no longer has the motivation to maximize the performance and therefore purchase price they will receive. However, if this series of plans were recognized and executed on a consistent basis, not only would the business be available to sell as it’s in its best condition, but also allow the business owner an easier and more positive environment in which to own and operate the business; to be benefit to employees, suppliers, lenders and of course, the owner.

Thinking of buying or selling your business in the New Year, how is your Productivity Plan?

This article is the eighth in a set of 13 articles that collectively talks about 12 different plans to manage and operate a business. Why so much planning? Many business owners operate their business with the idea to earn as much as they can and pay as little tax as possible. This means selling the business is only considered when the owner is worn out and no longer has the motivation to maximize the performance and therefore purchase price they will receive. However, if this series of plans were recognized and executed on a consistent basis, not only would the business be available to sell as it’s in its best condition, but also allow the business owner an easier and more positive environment in which to own and operate the business; to be benefit to employees, suppliers, lenders and of course, the owner.

Thinking of buying or selling your business in the New Year, how is your Technology Plan?

This article is the ninth in a set of 13 articles that collectively talks about 12 different plans to manage and operate a business. Why so much planning? Many business owners operate their business with the idea to earn as much as they can and pay as little tax as possible. This means selling the business is only considered when the owner is worn out and no longer has the motivation to maximize the performance and therefore purchase price they will receive. However, if this series of plans were recognized and executed on a consistent basis, not only would the business be available to sell as it’s in its best condition, but also allow the business owner an easier and more positive environment in which to own and operate the business; to be benefit to employees, suppliers, lenders and of course, the owner.

Thinking of buying or selling your business in the New Year, how is your Performance Plan?

This article is the tenth in a set of 13 articles that collectively talks about 12 different plans to manage and operate a business. Why so much planning? Many business owners operate their business with the idea to earn as much as they can and pay as little tax as possible. This means selling the business is only considered when the owner is worn out and no longer has the motivation to maximize the performance and therefore purchase price they will receive. However, if this series of plans were recognized and executed on a consistent basis, not only would the business be available to sell as it’s in its best condition, but also allow the business owner an easier and more positive environment in which to own and operate the business; to be benefit to employees, suppliers, lenders and of course, the owner.

Thinking of buying or selling your business in the New Year, how is your Disaster Recovery Plan

This article is the eleventh in a set of 13 articles that collectively talks about 12 different plans to manage and operate a business. Why so much planning? Many business owners operate their business with the idea to earn as much as they can and pay as little tax as possible. This means selling the business is only considered when the owner is worn out and no longer has the motivation to maximize the performance and therefore purchase price they will receive. However, if this series of plans were recognized and executed on a consistent basis, not only would the business be available to sell as it’s in its best condition, but also allow the business owner an easier and more positive environment in which to own and operate the business; to be benefit to employees, suppliers, lenders and of course, the owner.

Thinking of buying or selling your business in the New Year, how is your Exit Plan?

This article is the twelfth in a set of 13 articles that collectively talks about 12 different plans to manage and operate a business. Why so much planning? Many business owners operate their business with the idea to earn as much as they can and pay as little tax as possible. This means selling the business is only considered when the owner is worn out and no longer has the motivation to maximize the performance and therefore purchase price they will receive. However, if this series of plans were recognized and executed on a consistent basis, not only would the business be available to sell as it’s in its best condition, but also allow the business owner an easier and more positive environment in which to own and operate the business; to be benefit to employees, suppliers, lenders and of course, the owner.

Thinking of buying or selling your business in the New Year, how is your Transition Plan?

This article is the thirteenth and final article that collectively talks about 12 different plans to manage and operate a business. Why so much planning? Many business owners operate their business with the idea to earn as much as they can and pay as little tax as possible. This means selling the business is only considered when the owner is worn out and no longer has the motivation to maximize the performance and therefore purchase price they will receive. However, if this series of plans were recognized and executed on a consistent basis, not only would the business be available to sell as it’s in its best condition, but also allow the business owner an easier and more positive environment in which to own and operate the business; to be benefit to employees, suppliers, lenders and of course, the owner.

10 things to expect from your business intermediary
Buying or selling a business comes with personal emotional and financial risk as well as the complexities of finance, accounting, tax, negotiation and legal items. Having a professional agent or intermediary to help “quarterback” and manage the variables is good business. Here are some attributes to look in the intermediary that you choose.

11 reasons to reject the recession and grow your business

Watching CNN, CNBC, MSNBC and the other media you keep hearing about the “green shoots” in the economy. This can be seen with things like the Federal Stimulus program beginning to gain momentum, clear direction with the resolution to the bankruptcies of GM and Chrysler, the level of fear about the economy subsiding, housing sales starting to stabilize and unemployment stabilizing. So it’s time to put the recession behind us and get on with it.

5 guaranteed ways not to sell your business
Selling a business is rarely a simple and straight forward process. One of the biggest mistakes I’ve found is that the seller doesn’t put themselves in the shoes of the other parties be it the buyer, lender, landlord, employees, franchisor or whoever. This article outlines 5 ways a business will NOT sell their business no matter how hard they try.

5 more guaranteed ways NOT to sell your business
Selling a profitable and attractive business is always a complex process. If you own a business and wish to sell, make sure you understand that what you say and do will affect the outcome. This is the second of three articles. The first is called “5 guaranteed ways not to sell your business.” The third is called “5 things to avoid when trying to sell your business.”

5 things to consider if selling your business
Selling a business requires not only preparing the business for sale, but also what you do as the owner. The following are 8 tips for you to consider if you want to successfully sell your business.

5 tips to use when selling your business
Selling a business is rarely a simple and straight forward process. One of the biggest mistakes I’ve found is that the seller doesn’t put themselves in the shoes of the other parties be it the buyer, lender, landlord, employees, franchisor or whoever. This article outlines 5 suggestions for a seller to use when approaching the way to sell their business.

5 traits of a successful entrepreneur
Entrepreneurs come in all shapes and sizes including diverse social, economic and education backgrounds. There is no “guaranteed” path to being a successful entrepreneur but this article suggests there are five traits they generally have in common.

6 questions to answer bluntly to find out if your business is in a crisis
Is owning and operating your business in this current economic climate getting you down? Not sure what your next steps should be? Not sure if you have options? The first thing is to know where you and your business currently stand; which is the purpose of this article. Once you know that answer, dust off your business plan, refresh it and review your next steps from an informed position.

8 tips to consider when selling your business
If you are planning on selling your business and your motivation is high, the following tips may help you. Be careful that your desire to sell your business does not come at the expense of making a decision too quickly or indeed being pressured into something you may not normally consider.

Buying or selling the Perfect Business

Buying or selling a business comes with many variables. The seller brings their perspective of knowing the business “like the back of his hand” as they are responsible for growing and maintaining the business. The buyers bring new enthusiasm and ideas with a mixture of trepidation and excitement. Finding the right business is generally a major challenge. If a seller and buyer can come together with as many of these items aligned, they have a much greater chance of success.

Caveat Emptor – Let the “seller” beware

Selling any business is rarely an easy and straightforward process. There are many things to contend with such as employees, customers, landlords, lenders, suppliers and may be others such as a franchisor etc. However, there is also unknown an opportunist that may be interested in your business and it’s important you know about them. The Latin phrase, Caveat Emptor normally applies in the law that a buyer needs to be careful before they make a final purchase decision. The same applies in this case, Let the “Seller” beware before they accept an offer to sell their business.

Eight reasons a business does not sell
Selling a business contains many moving parts. It’s not just the buyer(s) but also the family and friends, employees, landlord, suppliers, lenders and many others that demand attention or require working with.

Is business ownership right for you?
Business ownership is an option many refugees from Corporate America are considering. Unemployment is high and growing so owning your own business to control your future is a great option. But where do you start? This article covers some suggestions to get you started.

Seven growth industries to consider if you are starting a business
If you are planning on starting or buying a business, it makes sense to consider a business in a growth industry. This article outlines seven industries that are doing well, despite the recession.

Starting a business...let's start with you
If you're buying a franchise, starting a new business or buying an existing business it's difficult to know where to start. This article suggests you start with yourself. Read on to find out more.

Starting a business…Look before you leap...no really!

Are you a "forced entrepreneur?" Just in case you were wondering, a "forced entrepreneur" is someone that's been happily working in Corporate America until that pink slip arrived. So you're highly skilled, highly motivated and thought you would easily get a job somewhere else...but you're not sure that's what you want to do? Perhaps becoming an entrepreneur is where you would really like to go but are not sure where to start. This article helps address that dilemma for you.

Starting a business…what are my options?
This article discusses the options available to a new entrepreneur planning on entering business ownership. It explains a new entrepreneur has three options and how to consider which option is best for their situation.

Starting a business...what options are available?
Over the last 2 years, Corporate America has not been kind to it's employees. Perhaps that's the wrong way to look at it. Maybe a better approach is that we only let things happen to us if we don't take action. Perhaps moving into business ownership is an action you need to take but are not sure where to start? This article suggests some options. The rest is up to you.

Successfully sell your business...to the right buyer
If you plan on selling your business, it will help you to understand the different types of buyer. Each buyer who inquires will have their own unique reason to want to buy. Let’s find out what’s important to each type so you are better prepared.

The Power of Seller Finance to sell your business
Selling a business comes with many challenges. The number one reason most transactions don’t close after a buyer and seller have “negotiated” a deal is that the landlord cannot come to terms with the seller and/or buyer. The number two reason is that finance is not available.

Tips to successfully buy or sell your next business

Whether you’re buying or selling a business it is never a neither simple nor straightforward process. Not only are there disclosures and laws to follow, but both parties are working with known other parties such as a lender, landlord, franchisor, accountant, financial planner or attorney to name a few and so it’s unknown how each of these parties will respond. The Golden Rule is to put your feet in the shoes of the other party. It won’t solve everything but hopefully it will allow you to understand “their view of the world.”

Why entrepreneurs adjust their thinking when business failure is not an option
A true entrepreneur only sees opportunities and the chance to make a lot of money. In a down economy they see it as the time to build greater knowledge, strength and resources to be ready for the inevitable upturn in the economy. However, we if we are not wired like the true entrepreneur we need to remind ourselves of what it takes to keep going and get to the next level.

4 personality traits to watch when selling your business
Just as there are different sellers with different motivations, there are also buyers with different types of needs and personalities. If you’re the seller of a business or looking to buy, understanding these different personality types may help you be more successful.

9 strategies to successfully sell your business
To successfully sell your business, there are 9 important areas to consider before selling. They range from creating a team to support and help, goals to achieve, tax responsibilities, income necessary, different legal matters to consider, etc.

5 tips to successfully sell your business
Here are 5 helpful tips to consider when you're thinking of selling your business. There are many factors involved and things to think about because they can easily go overlooked. These tips will help you get on your way to successfully selling your business.

Avoid these 5 mistakes when trying to sell your business
Often times little things can get in the way of selling your business- things we don't think about or have little time to think about. Avoiding these simple mistakes can help in the process of being successful when selling your business.

Understand your tax position before selling your business
It is important to know and understand where you stand with your taxes- your tax position, especially when you're thinking of selling your business. These are a few steps to ensure you know your tax position and are able and ready to sell your business.

Buying a business in Toronto GTA, Ontario
The purchase of a business in the Greater Toronto Area is not an easy task. This article sheds some light on the business purchase process and explains some of the intricacies of buying a business in the Toronto Metropolitan Area.

Buy an Existing Business or Start a New One?
The difference between starting a new business or buying an existing one. One should investigate his/her own personality to decide which decision is the best.

What are my options if I cannot sell my business?
If you experience difficulty selling your business, there are options available to you. It is important to take care of your lease if applicable, assess your assets and see what you can do to get the best price for your business and work on your inventory. This article goes over these steps and more to help you when you find you cannot sell your business.

What can I do if I cannot sell my business?
There are many things you can do if you cannot sell your business. This article outlines a few, like selling any excess items for cash on eBay or Craistlist, selling your business with assets in place or getting an equipment appraisal to value your assets. All of these and more are options if you find you cannot sell your business.

If I am thinking of selling my business, where do I start?

Knowing where to start when selling your business can be hard to figure out. When selling your business, it’s important to consider a few things first: what assets come with the business? What fixtures, furniture and equipment are included and how is the inventory? Asking yourself these questions and addressing them first can ensure success when selling your business. This article explains each of these in greater detail to help when figuring out where to start when selling your business.

Why an appraisal is critical to a seller when selling their business

When trying to sell your business, getting an appraisal is beneficial for a number of reasons. Understanding what assets are part of the sale, removing any personal items that aren’t for sale and deciding the worth of your business with a professional ensures success when trying to sell your business. This article outlines the benefits of an appraisal and why it is critical when selling your business.

Benefits of Seller Finance when selling your business
There are various reasons why it is important to consider seller finance when buying or selling your business. There are upsides and downsides to seller finance and both are worthwhile knowing. This article outlines both, and shows that seller finance can make a big difference in the end.

5 alternatives to Seller Finance when selling your business
There are many things for both the buyer and seller to consider when selling or buying a business. The five options in this article deal with seller finance and will help ensure success when dealing with your business. Some topics include: sellers credit, earnings, inventory and real estate.

5 more seller finance options to consider when selling your business
This article offers five more reasons to use seller finance when selling your business. These options are less known but as effective in ensuring success when making a business transaction. A few options include license agreements, consulting agreements and different kinds of insurance.

Business Brokers' Fees
Business brokers, Business Intermediaries and Mergers & Acquisitions professionals have different fee structures and offer different types of services. The size of the transaction in terms of the business value generally dictates the types of professionals to work with and the nature of fees business sellers need to pay in order to sell their companies.

How a business transition plan enhances selling your business
One successful way a business owner can start to sell their business is to create and execute a transition plan. Such a plan defines the needs of the business owner and then helps them to move towards their individual outcome. Starting here ensures success when a business owner decides to sell their business.

6 questions to ask when selling or buying your business
When thinking of selling your business, there are two things a buyer is looking for to ensure success: cash flow and potential. Once these are taken care of, there are six questions to consider that will help the present business. Looking into these questions and understanding them will ensure success when buying and selling a business.

What questions should I ask when buying a business?
There are many questions buyers typically ask when thinking of buying a business that include the level of sales, qualifications and motivations of the employees, questions about landlord and suppliers. While these questions are helpful and appropriate, this article offers some more questions that will help in the decision of buying a business.

What do I want to know when buying a business?
Before the seller of a business and a new buyer come together for the first time, there are a few things that should be considered. The buyer has a few steps to go through first: learning and understanding the buying process and understanding how much personal capital to invest. Following these and other steps ensures that the buyer is on the right track to owning their new business.

How You Can Sell A Business Yourself - No Help Needed
What you need to know to sell your business - The decision is made and you are keen to put your business on the market. What is the next step? What do you need to know about selling a business successfully? Here are some general tips to help you gain a better understanding of the process of selling your own business:

Should You Buy a Small Business Franchise Opportunity or a Small Business For Sale?
There are many less expensive franchises that range from handyman and home remodeling services, pet care, automotive and tools to children’s products and travel services. You can probably find whatever business you are looking for.

5 tips when selling your business
A business for sale is similar to a house for sale in some respects but very different in others. Some helpful tips to consider when selling your business include: considering commercial real estate, how helpful a team of advisers could be in your journey to sell your business, what assets there are and that the value of all things included in the business are properly valued.

Importance of Terms When Buying or Selling A Business
Though the price is an imperative part of buying or selling a business, the terms of the deal are also crucial. This article shows some of the reasons why understanding the terms can help you when it comes to any business transaction.

What Are the Advantages of Buying a Business for Sale by Owner?
There are many existing businesses today that are being put up for sale by their owners. Some prefer the services offered by a business broker. Hiring a business broker can save you a lot of time and effort.

How to Buy a Business and Earn Great Profits!
If you are a determined, budding entrepreneur, one of the most fulfilling yet challenging ventures you will ever undertake is buying a business. There are several factors that you need to consider when you decide to buy a small business. This article provides you an outline of the things that you need to know about acquiring a business and earning a profit.

How To Prepare To Sell A Business

Business owners invest much time and effort into their businesses, and most arrive at the hard decision to sell their businesses at some point in time. There are various reasons for selling a business, and although each circumstance is unique, most owners have similar incentives and concerns. It is an emotional and difficult process, and the most advantageous deal is achieved by understanding the steps and factors that determine the best time to sell.

Can’t Find A Job? Buy A Business Or Franchise!
Learn how buying a small business or starting a franchise opportunity can represent a viable alternative for employment if you can’t find a job during these tough economic times.

Buying An Existing Business Part VI of IX
This is the VI Part of a IX Part series of articles discussing the buying of an existing, small business. In this article we offer suggestions and sources the buyer might employ in finding and purchasing a small, existing business.

Ethical Expectation You Should Expect From Your Business Broker
Some business brokers belong to certain associations that have a code of ethics for brokers to follow. These, along with their own code of ethics, help ensure business brokers are of value to a business seller and buyer. A code of ethics ensures that a business broker puts the needs of the client before their own when making a business transaction.

Top 10 Small Business Franchises Available In Canada
Succeeding in Canada is just like succeeding anywhere else, all you need is right opportunity. Here are what some would consider the best opportunities.

Hot Small Business Opportunities To Get Your Career Off The Ground
Starting out the in the business world can often be a disheartening experience, but beginning with a small business franchise might just take you where you want to go.

Franchise Business Opportunities With Instant Cash Flow
It may sound too good to be true, but some businesses are designed to create an income from day one on the job, and here is a list of just a few such franchises.

5 Small Business Franchises For The Teacher At Heart

If you have the heart of a teacher, but never saw yourself in the traditional K-12 system, a small business franchise in coaching or tutoring may be right up your alley. These franchises will highlight your teaching skills as you train students one-on-one or teach large groups of businessmen and women how to operate their business as efficiently as possible. Here at the 5 best small business franchises available for the teacher at heart.

Top 6 Vending Franchise Business Opportunities
Although you may shy away from a career in vending machines, thinking that there's no real money to be made when you're dealing with spare change, take a closer look at some of the top vending machine franchises available and you'll find out that the average vending franchisee makes upwards of $70/hour and as you add more machines, that number grows as well.

Understanding Add Backs When Buying Or Selling A Business
An add back is a type of tax deduction that small business are able to claim on their taxes. Understanding them and how they work shows one of the many benefits to owning your own business. This article goes into detail about add backs and how they are used after you decide to buy or start your own business.

5 Unique Names In Home Based Business That You Won't Soon Forget
If you're looking for a business opportunity that really stands out among the crowd, consider one of these uniquely named franchises whose quality and potential go alot farther than simply a clever name.

Understanding Purchase Price Allocation when buying and selling a business
The need to understand what and how purchase price allocation works helps when buying or selling a business because it affects both the buyer and the seller. This article outlines purchase price allocation and in what ways in effects a buyer and seller of a business.

Questions to Ask Before Buying a Franchise
Understanding yourself and your motivations might be the best place to start when buying a franchise

How Franchising Works
How franchising works? It starts with the franchisor finding success with his product/service and ends with the franchisee finding his.

Employment Franchises Show Continued Growth
The employment franchise opportunities are enjoying a surge in demand for their franchise business for sale offers. Due to the low economic conditions, companies are saving cost by outsourcing their HR jobs and hiring only from reputed employment agencies.

Many Franchisors Prefer Multi-Site Operators These Days
Franchisors are increasingly taking in more multi-site franchisees because they provide several facilities. For example, this way, the franchisors don’t have to individually develop a territory one at a time and can expand at a faster rate.

Master Franchises Explained
A master franchise is a very coveted form of franchise business for sale offer. Only experienced persons or business entities with good net worth are given these opportunities. The main job of the master franchise is to sell the units of the franchisor in the targeted market to area developers, multi-unit franchisees as well as single-store operators.

Numbers Show Employment Franchises Won't Slow Down
Employment franchises are being touted by many as the category to look for in the coming years. The field has earned that place, because in the current shaky market, companies are cutting cost by outsourcing their HR jobs to various employment agencies.

Is Your Franchise Ready to Expand?
If you are thinking about expanding your business, you have to look into certain points. First of all, you must know your customers’ profile and the market where they exist. You are also supposed to upgrade your training facilities and support system.

What You Should Know About Your Franchisor Before Signing On
You are required to choose the right franchisor, if you want to succeed as a franchisee. For that, check out the brand-name of the franchisor as well as the litigation history of the franchise.

Top tips for franchise success
To find franchise success, you must research about franchising thoroughly. You are supposed to know about the different categories of franchise opportunities available in the market and then settle on one, which will suit you the most. You should also think about the demand of the product/service in future as well as the demographics of your area.

Steps Youll Encounter When Purchasing a Franchise Business
The franchise purchase process is a long-drawn affair. There are many steps and those steps make sure that only a genuine candidate end up buying a franchise.

Translate Your Current Job Skills to Franchise Ownership
Some kind of job skill is needed to qualify as a franchisee. You can have marketing, sales, administrative and management expertise to find success in the franchise world.

Does Your Concept Have What It Takes to Franchise?
To go a long distance, a concept must have something in it. That includes a USP, strong demand in the market and a business format that can adopt to a changing market.

You Can Juggle a Franchise and a Family
Juggling work and family is very easy with franchising, as the franchisor helps the franchisees with many things. Still, try to maintain a separate timing for business and family affairs.

Franchisors Moving Toward Preference of Multi-Site Franchisees
The tendency of awarding multi-sites by franchisors is a welcome move for the franchisees. It has attracted experienced corporate players, thanks to the numerous benefits this type of franchising has. Some of them include extra profit with lower marketing cost, rotation of employees and stocks and greater buying power.

5 Tips to Select the Right Franchise Opportunity
Selecting the right franchise is the first step towards franchise success. For that, you must check out the viability of the product/service you will be selling along with many other things. Consulting the present franchisees and looking into the litigation history of the franchisor are two of them. If you don’t want to do it all by yourself, consult competent franchise consultants.

Career Planning for Baby Boomers -- Starting, Buying or Selling a Business
If you are planning to continue working after retirement, or a change of track while you are employed, starting or buying a business may be just the thing for you. Or, if you already have a small or mid-sized business, you might consider selling it for a profit, or to switch fields.

7 Steps To Franchise Your Business
If you have people asking if your business is for sale, or if you provide franchise opportunities, then it’s definately time to consider whether or not franchising is the right move for your business. If so, here are the steps that are necessary to make sure that you franchise in the right way.

Homebased and Mobile Franchise Keeps StartUp Costs Low
The home-based and mobile franchise opportunities have various facilities. Since they are home-based, the starting as well as running cost is low. Being a mobile van-based business, the franchisee is not required to remain confined at home all day and the van makes a great visual impact wherever it goes. There are many sub-categories in the home-based mobile franchise business.

Are You Ready to Start a Franchise?
Joining the franchise industry requires much thought and research for both the franchisor and the franchisee. A competent franchise consultant from a reputed consultation website can make their job easier.

No Matter the Economy, Some Franchise Categories Continue to Grow
A franchise opportunity should enjoy growth due to social or economical reasons. So, always verify this point while choosing a growing category and don’t fall for a “fad”. These franchises don’t last after some time.

Key Factors to Franchise Success
There are various things, which you are supposed to do in order to find success as a franchisee. You must have the willingness to learn and be prepared to work with others. Being committed to your business and having patience can also bring in the desired results.

The collective buying power of a franchise
The collective buying power of a franchisor results in getting good discounts for the raw materials. That, in turn, boosts up the profit margin of the franchisees.

Asking the Right Questions Before Beginning a Franchise
When you are starting a franchise, it pays to play the part of that annoying kid who asks thousand and one questions! But each question should be relevant to find out whether the franchisor actually knows how to franchise. So, ask about its vision and mission statement as well as the training and support you are entitled to get from your franchisor.

Can You Really Run a Franchise Part-Time?
Part-time franchising is being allowed by several franchisors nowadays. But to be one, you have to become an excellent judge of character. You also need to employ a manager who is an able taskmaster. Moreover, you are required to share your duties and power with him/her. But most importantly, your franchisor has to support you as a part-time owner.

Explaining the Differences Between the UFOC and the FDD
The new FTC rules have bought smiles in the face of the franchisors and franchisees alike. It has made giving earning claims easier for the franchisors while the franchisees are duly warned whether they have to compete against the franchisor or another franchisee within its demarcated territory.

Franchise Industry Reaches out to Veterans
The VetFran program is for our glorious soldiers who are looking forward to a healthy civil life. The participation is voluntary and the member businesses offer various discounts to the prospective franchisees. It is one of the most popular programs of IFA.

Tutoring Portion of Franchise Industry Thriving
One of the most rapidly growing aspects of franchising is the child education system. With continued emphasis on getting ahead, the tutoring segment continues to grow.

Social networking is an important part of franchise success
Social networking by the franchisors and franchisees work at different levels. Some of the social networking sites can be used to connect to the prospective franchisees whereas some websites are used to find new customers and check out the reviews of the products among the users.

Big Changes Coming in Franchise UFOC Meet the FDD
The UFOC is going to have a major change as per new FTC ruling and will be renamed as FDD. It has to be implemented by July this year. The changes include modification of the name of the items and major alterations in litigation history disclosure.

Why the Franchise Industry Continues to Thrive
The Franchise business is thriving at present and will continue to boom in future. This area of business helps newcomers to gain from the experience of seasoned players. Furthermore, the field has higher rate of success and there’s enough franchise opportunities to please anyone looking forward to buy a franchise.

Hottest Retail Franchise Business Opportunities
If you’re looking for all the advantages of having your own business without the high risk of failure, then take a look at some of the hottest retail franchises available in the U.K.

Franchise Businesses Appeal to Women Entrepreneurs
There are a number of reasons behind the mutual attraction between women entrepreneurs and the franchise world. While the former loves this field for the flexible timing and broad range of choices, the latter gets experienced, ambitious franchisees who are willing to follow the rules of the business.

Ways to Obtain Financing to Buy a Franchise
Getting the required financing is the first step towards starting a franchise. Some traditional methods are getting financing from one’s own savings, asking for loans from friends, going for bank or SBA loans and one unconventional way is to go for loans from credit-cards.

The Importance of Intangible Assets When Buying or Selling a Business
It is important to know what tangible and intangible assets are in business. Knowing the difference and examples of each can help you with your taxes and the transaction of buying or selling a business. Assets can also be a legal matter, in which case it is important to know about legal protection and how they can help you in any business transaction.

10 Things You Should Know About Franchising
There are various things you are required to know before deciding to buy a franchise. It includes learning about the company and becoming aware how much you are capable of working for the business.

Benefits and Responsibilities of Franchise Ownership
The benefits and responsibilities of being a franchise owner are vast. Though you get a system of business to start with, but you will be responsible, if any term of the franchise agreement is broken. The support offered by the franchisor will benefit you considerably while starting the franchise. However, it’s your responsibility to ensure that the franchise operation runs smoothly.

Evaluate Complaints Against Franchisors Before Signing The Agreement
While starting a franchise business, checking out the legal history of the franchisor is a must. Take the help of your franchise attorney to look into any sort of litigation, bankruptcy and out-of-court settlement the company may have experienced.

A Good Business Plan Is Necessary, Even With a Franchise
A good business plan is necessary when you are starting a franchise. It will tell your bankers and other lenders you approach for loan about your reasons for pursuing a particular franchise opportunity. Your marketing, operational and financial plans for the franchise business you have bought are also discussed here.

Looking for Franchise Finance? You May Be Sitting On It Already
IRA and 401(k) can be used effectively to buy a franchise, but you must be very clear about the pros and cons of it. Though it’s tax deductible, but if you lose money by any chance, recovering the money at an advanced age can be a bit difficult.

What is a 'Covenant Not To Compete' when buying or selling a business
A Covenant Not To Compete is useful when a seller has found a buyer for their current business. This ensures that the new buyer does not open the same type of business as the seller for risk that existing customers will want to do business with the seller and not the new buyer. There are many factors involved to evaluate a Covenant Not To Compete and they are outlined in this article.

Why Buy an Existing Business or Franchise

Why buy an established business or franchise rather than start from scratch? There are many advantages for an entrepreneur. First of all, there is a savings in time, energy, and money when buying an existing business or a franchise. The lengthy process of researching and creating business plans and models has already been done for you. Usually when individuals decide to sell a business they prepare a business plan or offering summary for you. Also, if there is financing needed for your purchase, it is not as difficult to obtain since a lenders are more likely to finance a business with a proven track record.

What is more important that Profit when buying or selling a business?

Warren Buffet says that there are key business drivers that will are key to telling the future profitability of business. And surprisingly it is not just about the past numbers. Using a clear guideline that Warren Buffet uses himself, a business owner or business buyer can look past the number to properly analyze a business for sale. Business sellers need to know about this because clearly identifying these are keys to selling a business for more money. Business buyers need to understand these so that they are not fooled by just focusing on the Financial statements.

Selling a Business – Where Does One Begin?
Most business owners have not previously sold a business and therefore require professional guidance. This article provides insight that will benefit owners seeking to sell their business.

Entrepreneurs Business Brokers and success
A few important issues to consider when looking for a Business Broker to help you buy or sell a business.

DON\'t reject seller financing when selling a business because of stupid reasons!

Many sellers of their businesses are refusing to seller finance their buyers from number of different reasons. And when asked why, one of the most common answers is: “I’ve heard all kinds of horror stories about seller financing”. And to be brutally honest, that reason is not only irrational, but it is simply stupid. Because horror stories are just that – stories. Have you ever heard the one about the traveling salesman who goes out to a bar for a nightcap and wakes up in his hotel room with scars on his lower back – and his kidney missing? Of course you have; everyone knows THIS particular horror story.

Seller Financing a small business when you sell it – What are Additional Covenants?
Have you worked really hard to establish your business? Is it the time to sell your company? Are you concerned that the new purchaser will make a lot of changes that might hurt (or in fact ruin) the business?

The importance of Intellectual Property when buying or selling a business

For all buyers and sellers of businesses, it is important to understand what and how intellectual property can affect you. Understanding the different kinds of intellectual properties is important in figuring out the right kind of legal protection one must have to protect assets and ensure the business is worth the right amount. This article outlines the different types of intellectual properties and how to become familiar with them.

Buying Or Selling A Business Is Unlike Anything Else
This article summarizes the benefits and values of buying or selling a business. It covers valuations, advertising and negotiations. All of these steps are key features when one is thinking of selling their business or becoming a buyer of a business.

Why Should I Use a Business Broker to Buy a Business?
If you are looking to buy a business, but don’t know where to start, consider hiring a business broker. A business broker is a professional who assists in the business buying process. A business broker can help make that transaction one of the best moments of your life, and the best part is their fee is paid by the seller.

Why Should I Use a Business Broker to Sell my Business?
Selling the business you worked so hard to build is a very personal decision. Finding the right buyer can be extremely difficult if you try to do it on your own. Hiring a Business Broker to help sell your business and achieve the best possible price is worth the commission fee that they charge.

Don't Start a Business, Buy One!
Do you want to own a business? Here are ten solid reasons why you should strongly consider buying an existing business versus starting one from scratch.

How to Advertise your Business for Sale
You’ve worked hard to grow your business into a successful venture. Now you want to sell it and reap the benefits of all those years of hard work. There are many questions involved with selling a business, but the most important is: How do you find qualified buyers?

When Buying a Business Forget The Asking Price
What the seller thinks his business is worth has nothing to do with the true value. learn how to properly negotiate a great price on any business for sale.

Finding Qualified Buyers for your Business
You’ve worked hard to grow your business into a successful venture. Now you want to sell it and reap the benefits of all those years of hard work. There are many questions involved with selling a business, but the most important is: How do you find qualified buyers?

Tips on Buying a Business in Canada
Considerations when looking at a business to buy in Canada

Successfully Advertising A Business For Sale

It always amazes me when an owner or business broker goes to sell a business that they usually don't know how to successfully advertise a business for sale. They go to all the trouble of getting it ready for sale, collect all the info needed for the sale, and then "rush" the advertising portion of the process. After posting their limited, ineffective advertising they complain that the buyers they are getting calls from are "unqualified", "unprofessional", and "time wasters". Hundreds of business buyers interviewed for my book either in person or in my focus groups gave me many valuable insights on how owner/sellers and broker/agents can "get it right" when they go to advertise a business for sale.

Analyzing And Assessing The Business

One of the most important steps you will take towards buying a business will be to make a sound judgement on the viability and true worth of what you are buying. In a sense, you must play the part of a good detective and uncover the truth about the business you are buying. The first assessment you must make in evaluating a business for sale is to review its history and the way it operates. It is important to learn how the business was started, how its mission may have changed since its inception and what past events have occurred to shape its current form.

BUSINESS FOR SALE
UPDATED FROM AN ARTICLE APPEARING IN THE BUSINESS QUARTERLY, RICHARD IVEY SCHOOL OF BUSINESS

How to buy a business

Buying a business is undoubtedly one of the most daunting investment prospects you can possibly undertake - possibly even riskier than getting married! The safest and most cost-effective way to approach the actual purchase of a business is to look at it as a long process of elimination, involving a number of steps, like concentric rings, each reaching deeper towards the core. Each step should be taken only after successful completion of the previous step. The important thing is to allow sufficient time to complete each stage of the investigative process comprehensively.

How to Write an Effective Business for Sale Advertisement
If you rush this process you could stand to lose a lot of money or, see your business sit on the market for a long time with no interest.

Questions for Selecting a Business Broker or Intermediary
When looking to buy or sell a business in Maryland or elsewhere it is very important to select the right professionals. A key professional for a market business purchase or sale is the business broker or intermediary. They will help you find the right business, prepare a valuation for the business sale or purchase, and negotiate your business purchase.

How To Increase Your Online Sales Anytime
Hold a discount sale on your web site. Use the sale to get rid of excess inventory, gain new or repeat customers, and increase your sales. Most businesses pick a theme for their sale, like a Halloween Sale. Below are six unique sales themes you could use:

If You Cant Sell, You Cant Serve
No valuable lasting change ever happens unless a sale is made first. That's right: "a sale", that most nasty of four-letter words in the service business.

Sale Leaseback Financing Canada
Information on sale leaseback financing in Canada. What are the advantages of a sale and leaseback and criteria required to complete a successful sale leaseback.

How To Sell Your Franchise
Its been estimated that franchisees put their business up for sale within 5 years of ownership. Learn about the important steps you'll need to take before listing your franchise for sale.

How to Do a Short Sale and Why
A lot of people today want to know how to do a short sale. With the state of the housing market and the economy, who can blame them? And the fact is that a short sale is one way to at least put off a foreclosure if not avoid one altogether. That said, here's what you need to know about how to do a short sale.

Content writing for SEO
First thing that you should do is to frame-up a sale plan. A sale plan will help you to understand your target customers and market. This simply means that a sale plan will make a clear image of whom you have to sell your product.

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