Sometime in the late 1800s—nobody is quite sure exactly when—a man named Vilfredo Pareto was fussing about in his garden when he made a small but interesting discovery. Pareto noticed that a tiny number of…
Consideration Number 1 – Not Advertising Your Business Correctly. In order to sell the business it must be advertised. Before you select a business broker, ask them about their advertising, the cost, the coverage, the…
The typical business owner will only sell a business once. Understanding the complex process involved will help produce the best results, but don’t fall prey to the myths that can derail or seriously affect a…
Franchisees don’t do their homework and are too optimistic about risks according to a study. Franchisees are unrealistically optimistic about risks of setting up their business, even after those risks have been disclosed to them,…
By 1918, Charles M. Schwab was one of the richest men in the world. Schwab was the president of the Bethlehem Steel Corporation, the largest shipbuilder and the second-largest steel producer in America at…
Individuals who desire to purchase an established small business must be well prepared before the search process begins. Well managed, profitable and successful businesses with a bright outlook for the future are in short supply…