Buying or Selling a Small Business

The latest BizBuySell Insight Report found that 10,312 small businesses were sold in 2018 – which was a record number for the third straight year.

When buying a business, first examine information from the seller regarding business operations and finances, also known as due diligence.

Do you know how much your business is worth? It’s key to put any bias about the business aside and properly conduct a valuation.

Write a business estate plan that covers your company’s assets and organizational structure so that forces beyond your control don’t slow it down. Read more

Exiting a business requires filing paperwork to officially dissolve your business with the state and taking care of other legal and financial formalities.

Whether you’re launching with one partner or 10, the buy-sell agreement protects stakeholders from sticky situations that could rock the entire boat. Read more

To avoid common mistakes small business owners make when choosing their location, complete a copy of this checklist for every location you’re considering. Read more

Buying an established business comes with certain perks, such as an existing customer base. But don’t make an offer until you have followed these rules.

Past success may be a broad indication of future prosperity, but a more detailed evaluation of an existing restaurant is essential before purchasing it.

About 64% of family companies don’t have a written succession plan. Use these tips after you’ve suddenly inherited the family business.

One way to break into entrepreneurship that you may not have considered is buying an existing business.