A micro business is a type of small business that typically has fewer than five employees or as many as ten. It is often a one-person operation or a very small team, and it operates on a small scale. Contributor: Tim Cunha, JD
In the realm of commercial real estate investments, the gas station with property stands out as a unique and potentially lucrative opportunity. Beyond merely selling fuel, gas stations have evolved into multifaceted businesses, offering convenience stores, car services, and more. Contributor: Tim Cunha, JD
Cash flow is the lifeblood of any small business. "Cash is king." It's the constant flow of funds in and out of your business that ensures you can meet your financial obligations, pay employees, suppliers, and operating costs, and invest in growth. Contributor: Tim Cunha, JD
Owning a restaurant is a dream for many, but the journey from concept to reality involves various financial, logistical, and lifestyle considerations. Before you embark on this serious business adventure, it's essential to understand the costs, risks, and benefits of buying a restaurant in USA. Contributor: Tim Cunha, JD
Ready to leave your mark as a business owner? Acquiring a profitable existing business is a strategic and rewarding start to your entrepreneurial journey. It's often more efficient, less risky, and cheaper than starting from scratch. Contributor: Tim Cunha, JD
Despite precautions, business owners often face lawsuits, even when innocent. Litigation, even if won, means losses in money, time, and resources, leading to uncertainty and negative publicity Contributor: Tim Cunha, JD
Asking the seller straightforward questions and getting straightforward answers in return is an important part of the buying and due diligence process. In this Discussion, both ProIntermediaries and Advisors offer thorough questions you should be asking during your meeting with a business seller. Contributor: Peter Siegel, MBA
Being prepared when potential buyers contact you about your business for sale is a good idea. Too many sellers (and brokers) are unprepared & miss good opportunities or get involved with unqualified buyers. This Discussion post and answers from ProIntermediaries on BizBen assist with this issue. Contributor: Peter Siegel, MBA
Was discussing this question/topic with a potential restaurant buyer the other day about the differences between a Letter Of Intent and a Business Purchase Agreement. I sell restaurants and buyers typically get ask about which document they should submit when making an offer on a business. Contributor: Jeff Back
Contributor: Peter Siegel, MBA
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