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When examining franchise opportunities to purchase, one helpful trend to look for in any franchise concept is how well the franchise adapts to any form of change. With this in mind, at no time are innovative franchise actions more significant than during economic slowdowns. Following are some examples of situations where franchises have found continued success through some inventive and inspired means/relationships. Contributor: Peter Siegel
A great article explaining one of the top reasons business buyers may not get a return phone call from business brokers and agents is because of their approach. Contributor:
Selling or buying a small to mid-sized business is serious business so BizBen took a recent survey about three groups important to the process of buying/selling a business: small business owners/sellers, business buyers, and business brokers & agents. Contributor: Peter Siegel
Described in various ways, as licensed care homes, assisted living properties and residential care facilities, these enterprises can be very profitable and offer substantial potential for growth as the market for their services expands. Contributor: Peter Siegel
Vendor financing is one option in the quest to buy a small business. With SBA financing getting more difficult these days, vendor financing is one possibility for business purchase financing. Contributor: Peter Siegel
Maintaining confidentiality is not a simple task. It is a complex, interlocking process that has to be methodically practiced. The methodology that we believe most successful in maintaining confidentiality is using a business intermediary, an attorney, CPA or some other third party to act as a filter between the owner of the business and the prospective purchasers. Contributor: Peter Siegel
Coin operated laundry for sale (also referred to as a Laundromat), which typically can yield a 20% to 30% profit (before taxes, interest, depreciation and amortization) on gross revenues to the owner. Contributor: Peter Siegel
Have the results back from surveying business buyers, business owners/sellers, and business brokers and agents about what annoys them most about the other participants in a deal. Some information was inevitable some was surprising. Contributor: Peter Siegel
You may not want the drawbacks associated with a traditional brick and mortar business, which includes employees, office space, lots of overhead, and more. If that's the case, then an internet franchise may be perfect for you. Contributor: Peter Siegel
Buying a new franchise is an excellent way to own a successful business. However, like everything else in life, while searching for the right franchise for you to buy you need to be on the lookout for potential scams. Contributor: Peter Siegel
Results: 324 Posts
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