Things To Think About Before You Buy A Business In Nashville
If you have dreams of becoming a business owner and wish to buy a business in Nashville (aka “Music City”), you have an opportunity to get in on the ground floor of an area experiencing explosive growth. But before you start your search, there are 10 pressing questions you should be prepared to ask the seller. Keep reading for insight into these. Question 1: What is the most...Read More
Do You Dream of Being A Business Owner? Read This First
Before you buy a business in Nashville, you need to know that the area is booming. There is no sign that growth in Music City is going to slow down anytime soon, either. That is great news for you and means many customers for your enterprise. But other than money, what are the benefits of owning a business? What is involved with getting started? Keep reading as we answer these...Read More
Is Now The Time To Sell Your Business?
If you are a Nashville entrepreneur ready to sell your business, you probably have concerns. One of these likely revolves around the market and whether or not you can make a profit. No blog post can answer that question for you. However, there are a few facts that can help you come to the conclusion. Here are some things to think about that can lead you in the right direction. The market is...Read MoreShould You Sell Your Life’s Work, Or Let The Kids Take Over?
If you are a Nashville business owner trying to decide whether to sell your business or leave it to your adult children, keep reading. There are many things to consider, and making any decision without a long pause for thought can result in hurt feelings, incompetent leadership, and family conflicts. All of these things are bad for business. First things first. When you know it is...Read More
A Closer Look at 3 Major Factors to Consider When You Buy a Business
The simple but undeniable fact is buying a business is one of the single greatest financial decisions a person can make. Buying a business can lead to great financial success or great financial failure. This fact helps to underscore why it is so important to work with an experienced broker who can help guide you through the often labyrinthian process of buying a business. In a July 2019...Read More
Do You Know What Kind of Business Owner You Really Are?
Does your business have real, long-lasting longevity or is your business a temporary entity that will vanish the second you stop working on it? In his insightful article in The Business Journals entitled, “Are You Living for Today as a Business Owner or Building Value?” author Kent Bernhard asks a very important question of readers, “Are you a lifestyle business owner or a value...Read More
Business Buyers Can Leverage SBA Lending
Finding the money to start your own small business can be a challenge. Over the decades, countless people have turned to the Small Business Administration (SBA) for help. A recent Inc. Magazine article, “Kickstart Your Business Dreams with SBA Lending,” by BizBuySell President, Bob House, explored how SBA lending can be used to the buyer’s advantage. The article covers the basics of an SBA...Read More
How Employees Factor into the Success of Your Business
Quality employees are essential for the long-term success and growth of any business. Many entrepreneurs learn this simple fact far too late. Regardless of what kind of business you own, a handful of key employees can either make or break you. Sadly, businesses have been destroyed by employees that don’t care, or even worse, are actually working to undermine the business that employs...Read More
5 M&A Myths and How to Deal with Them
Where your money is concerned, myths can do damage. A recent Divestopedia article from Tammie Miller entitled, Crazy M&A Myths You Need to Stop Believing Now, Miller explores 5 big M&A myths that can get you in trouble. Miller points out that many of these myths are believed by CEOs, but that they have zero basis in reality. Myth 1 The first major myth Miller explores is the idea...Read More
