Buy a Business

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 […]

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

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

Over the past two years, the pandemic’s impacts reverberated through the business sector, creating problems no one ever expected to face. Once-thriving businesses were forced to close, costing jobs and changing the way people viewed owning a business. At the same time, some sectors prospered, which means business owners in those industries faced an entirely

Experienced entrepreneurs know that the early steps required to start a business are some of the hardest. Coming up with a business plan is just the beginning. Aspiring business owners also need to finance their start-ups, and that generally requires establishing and building business credit. This article discusses how to establish business credit for your

When most entrepreneurs dream about owning a business, they assume the best way to accomplish that lofty goal is to build a new company from the ground up. Unfortunately, these ambitious aspiring business owners rarely consider the disadvantages of starting a business from scratch. This article will explain why you should consider buying a business

While it’s entirely possible to buy a small business in virtually any city in the U.S., some locations offer more compelling reasons to invest than others. Louisville is one example to note, as the city’s size, demographic makeup, and natural attributes all create conditions prospective small business owners look for when selecting a location for

In February of this year, Governor Larry Hogan signed Maryland’s Recovery for the Economy, Livelihoods, Industries, Entrepreneurs, and Families (RELIEF) Act of 2021 into law. The impressive $1 billion relief package enacted by the Maryland General Assembly doesn’t stop at providing direct aid to qualifying Marylanders. It also offers grants, loans, and tax relief to

Each year, thousands of entrepreneurs make plans to open new businesses. Deciding which industry to commit to and how to best serve the public are important considerations when building a business. Of course, finding the right place to set up shop is also crucial. With thousands of towns and cities to choose from, picking the

When entrepreneurs start new companies, they typically devote a good deal of thought to what types of businesses they want to form. Potential buyers need to be just as thoughtful if they want to avoid making costly mistakes. There may be types of business structures to avoid when buying a business. There are two basic