Could Buying a Family-Owned Business Be The Answer For You?

Could Buying a Family-Owned Business Be The Answer For You?

Family-owned businesses are more common than most of us realize. According to recent estimates, family-run companies create up to 90% of global wealth, and 85% of the world’s startups receive familial funding. In the United States, over 5.5 million family companies contribute nearly 60% of the nation’s GDP and employ nearly two-thirds of its workforce. […]

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What Are Business Buyers Looking for Specifically

What Are Business Buyers Looking for Specifically?

As a seller, knowing your ultimate objectives when marketing a business will always be necessary, but understanding what buyers want and need is crucial. Knowing who your potential buyers are will increase the odds of obtaining the highest selling price and best terms for your business’s sale. So, what are business buyers looking for specifically? 

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The Importance of Brokers When Selling Your Business

The Importance of Brokers When Selling Your Business

People who have started successful businesses from scratch are no strangers to hard work. That said, you should know that the process of selling a business can be very complicated. It requires not just time and effort but also specialized knowledge, which is why it’s so important to hire a business broker to help.  This

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How to Maximize Your Business Value Before You Sell

How to Maximize Your Business Value Before You Sell

Selling for the highest possible value is every business owner’s goal. A company acquires its value when it has a distinct culture and when its processes and products allow it to continue operating even under new ownership. With these value-maximizing tips, owners can increase their organizations’ value and stay on the right track to a

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Austin Economy- Why Now is the Best Time to Sell Your Business

Austin Economy- Why Now is the Best Time to Sell Your Business

Over the past couple of years, the pandemic created havoc in businesses around the country. Some businesses closed while others found it difficult to retain employees or acquire new inventory. However, conditions are improving in many parts of the county, with one city standing out as a place where recovery is far ahead of the

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Choosing Honest and Reliable Business Brokers

Choosing Honest and Reliable Business Brokers

Building and selling a small business can be personally rewarding and profitable. However, finding the right buyer, coordinating a sale, and negotiating the best price requires skill and experience. Small business owners often hire business brokers who can handle every aspect of transactions. Brokers also represent buyers and help them find the best investments. Choosing

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Baltimore- An Entrepreneur's Business Destination

Baltimore: An Entrepreneur’s Business Destination

More than 60 percent of Americans have dreams of starting their own business according to a recent write-up in the New York Post. Only about 16 percent have taken the plunge at this point. Still, many more feel they’re ready to do so. Of course, there are several factors to consider when trying to build

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Essential Traits for Successful Business Owners

Essential Traits for Successful Business Owners

Running a business can be challenging, especially in competitive markets. That said, it can also be immensely satisfying for the type of person. If you’re thinking about buying a business, it’s important to be realistic about not just the local market but also your abilities as a future business owner. Before reaching out to a

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Universal Keys to a Profitable Business

Universal Keys to a Profitable Business

Every day, entrepreneurs purchase or start businesses and plan to succeed in their endeavors. While many do, others don’t, as they fail to explore all the elements that make a business prosper. If you’re considering purchasing a business, it’s important to understand there are a few generally accepted strategies owners can employ to succeed in

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Your Guide to Starting a Real Estate Business in Phoenix

Your Guide to Starting a Real Estate Business in Phoenix

Quite a few people are considering entering the real estate sector these days. After all, it’s an in-demand field that offers numerous opportunities and rewards. As a real estate agent, you’ll be able to connect people with their dream homes and aid current property owners in moving on to the next phase of their lives.

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