Category: Blog

What is an Exit Plan?

Exit planning has become a new buzzword for those who consult to Baby Boomer business owners. Business brokers, wealth managers and other professionals are adding “exit planning” to their marketing messages. It’s a logical reaction when over 5,000,000 Baby Boomers…

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Understanding Business Valuation

Do you understand the importance of an accurate business valuation? Getting it right can have a huge impact on the future of your business. Understanding Business Valuation Preparing for the successful sale of any small business begins with an honest…

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Navigating the Path From Employee to Franchise Owner

From HVAC repair people to waitresses and baristas, many employees have made their way up the ranks to purchasing their own franchise. In fact, many franchisors prefer to set up new franchise locations with those who have already worked in…

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Buying Your First Business: What You Need to Know

Owning your own business means working for yourself and your own success rather than someone else’s. The rewards nearly always outweigh the risks. However, before you take the plunge, there are some things you need to know. Some of these…

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5 Things to Consider When Buying a Business

Getting ready to buy a business is a huge personal step. You will be investing time, money, and effort into it on a regular basis. It’s like taking on a new job, but one where you have an incredible amount…

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The Mindset of an Entrepreneur

Are you considering buying your own business? There are a lot of factors that go into it, from business valuation to the way the purchase is structured. A business broker can help you with many of those things, and when…

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Projections: Why They Matter for Business Valuation

There are several common approaches to business valuation. One of them is the market approach, and it can have a dramatic impact on the value of your business. Leaving this research out of your business valuation process could result in…

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Business Valuation: Beyond Physical Assets

You may ask yourself what your business is worth, and you might even think it is a simple answer. While you might have an asset rich business where you have a fleet of trucks and a host of computers and…

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Why You Shouldn’t Put a Value On Your Own Business

It sounds counter intuitive right? No one knows your business and what it is worth more than you do. Why would you turn over that responsibility to anyone else? Well, there are actually a number of really sound reasons. If…

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The Five Steps to Business Valuation

When it is time to sell your business, you may wonder where to start. Of course, one of the first steps you will need to take is to determine what your business is worth. Business owners often find it difficult…

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Disclaimer: No salesperson, field representative or other person has the authority to make a statement, promise or assurance concerning any matter related to the franchise that is contrary to, or different from, the information/terms contained in the Franchise Disclosure Document/Franchise Agreement. Any such statement, promise or assurance is unauthorized, unwarranted and unreliable. If you believe someone has made an unauthorized statement, promise or assurance to you, please contact Jessica Czekalinski, Esq. at 216-674-0645 ext. 619.