Articles on how to buy a business or how to sell a business
Seller financing only works with profitable businesses, and benefits business sellers who don’t want to wait for too long to sell their business, or if they are motivated to sell quickly. There are other advantages, and include tax savings, higher interest payments and protection of their legacy.
Artificial intelligence needs to be a consideration when you buy a business, both positively and negatively. Positively, you could introduce AI after buying the business to make it more efficient and profitable, but negatively, avoid a business that could be destroyed due to AI developments.
You can buy a business with no savings and a bad credit score, if you fund the deposit using the cash in the business or by raising asset finance against its assets, and pay the balance of the purchase price from the business’s future cash flows.
Starting your own business…where should you start? So you’ve decided to start a new business, but you’re not too sure on what the business should be, or even if you should start one at all… I have just written an article similar to this, but more about how to find an idea for your business, […]