Below you'll find a list of all posts that have been categorized as “Buying Tips”
SBA Financing Checklist: What You Need & How to Get Approved Our SBA Financing Checklist can help ease the loan process when buying a business. So, you have decided you would like to run your own business – now what? The process of purchasing a business can be overwhelming to first timers; there are legal and accounting aspects that need to …
The Industries that Made Warren Buffett Rich Trying to duplicate Buffett’s success? Buy a business in one of these industries. If you have even the slightest interest in stock, financial planning or investing, you are familiar with Warren Buffett and his fiscal powerhouse, Berkshire Hathaway. What started as a flailing textile mill has grown to a multi-industry conglomerate, with ringleader …
Executive to Small Business Owner: How Leaving Corporate America Changed my Life Thinking of taking the leap from Corporate life to Entrepreneurship? Every year, millions of people make the decision to leave their job in Corporate America to try their hand at entrepreneurship. For the first time, we are seeing professionals of all ages, from millennials to baby boomers, make …
10 Hottest Industries to Buy a Business in Right Now (2015) Low risk and positive growth patterns make these 10 industries perfect for buyers. If there was ever a time to make your move from Corporate America to Entrepreneurship, this is it. Our economy is in a financially secure place where small business growth and development is being fostered by …
Don’t Start a Business – Buy One. Buying a business is just one avenue towards a common entrepreneurial goal – success. The dream of starting a business is one that many entrepreneurs share. With so many exciting options and opportunities, starting a business or even franchise can be a fulfilling endeavor that reaps wonderful financial dividends. But have you considered …
M&A Due Diligence Checklist: Be Proactive & Prepared Due Diligence is a crucial step in the M&A process; this checklist will help you prepare. Due Diligence can be a time consuming process. One of our partners, LB&A, Certified Public Accountants has created a checklist to help business owners going through the M&A process. Many times CPAs just look at due diligence …
6 Traits of a Successful Business Owner What does it take to be a successful business owner? Starting and building a business can take years of hard work, passion and tenacity and is not for everyone. In a recent study conducted by the SBA (Small Business Administration), 1/3 of startup businesses with fail in their first year and about 50% …
The Pros & Cons of Franchising: Is it Right for You? Make sure you do ample research before committing to a franchising. If the entrepreneurial bug bit you, you may be thinking of opening or purchasing a franchise. Franchise opportunities exist in almost every industry, from fitness centers to auto repair facilities to sign companies. There are hundreds of franchises out …
The following is a guest post from our friends at LB&A, a local Charlotte-area accounting firm. The merger and acquisition process can be a difficult one that requires patience, compromise, attention to detail and some high-level research. It’s a tough process to navigate, from finding a deal to closing a deal. It’s even more difficult when it’s your business on …
5 Things to Remember When Negotiating a Business Deal I founded Viking Mergers & Acquisitions 18 years ago, and have assisted in the sale of over 500 businesses across the Southeast. I have seen my share of business transactions, some being seamlessly smooth and others being slightly more arduous. I always try to emphasis the importance of communication to first-time …
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