Buying a business can be an exciting process! When you buy an existing company, you can bypass the hard years that are often involved while building a start-up from scratch. You can often benefit from the lessons learned by the previous owner, who has been through the process of trial and error. If you do...
The sale of your business can be very rewarding! If the process is done correctly, you can receive a great return for years of hard work and leave with a sense of fulfillment. Don’t let common mistakes turn the experience into a nightmare. Many of the pitfalls that business owners run into are a result...
There are many benefits to buying a franchise. You can avoid the headaches of a start-up and open the doors with a recognized name and product line. Franchise owners benefit from brand-loyal customers, company advertising campaigns, and other resources that are already developed and tested. However, the wrong business choice can also bring a long...
You have worked hard to build your business into a successful operation. To have an equally successful sale, it is important to prepare. You have most likely invested long hours into the development of your business. Whether you are ready for retirement or planning a new venture, you will want to get the full value...
Searching for a Post-COVID-19 Business Investment? Why You Must Consider PROSE Nail Boutiques Nate McFarland, CEO of PROSE Since the opening of our very first location in Phoenix, PROSE nail boutiques have been rigorouslydevoted to serving not only guests’ beauty needs, but prioritizing their health as well. We use nontoxicand ethically sourced products that have...
HONEST-1 DIFFERENCE This article was adapted from Honest-1 Difference Today there are more than 3,500 franchise ownership opportunities available in the U.S., and more than 100 in the automotive care industry alone. So what makes Honest-1 different? It starts with our name, but it’s really at our core: honesty, integrity, and an unwavering adherence to...
A late April 2020 survey of over 300 small to lower-middle-market US-based companies shows one-third of respondents with Covid-impacted revenue being flat or up as compared with same period for 2019. Companies that have maintained or grown their historical revenue and profit during the Covid lockdown will be considered “pandemic-proof” and their valuations will reflect...
About True North Business Funding True North Business Funding provides financial consulting services to individuals considering business and or real estate acquisition ownership, business startups, equipment financing, SBA Express Lines of Credit etc. Our Specialist Can Assist With the Following Services at No Cost to the Borrower: SBA/Conventional Bank Loan Pre-Qualification Analysis Review buyer’s personal...
I have brokered the sale of many lawn maintenance/landscaping type businesses and am often asked to provide an opinion of value. The value of one business over the other can be far different even when they are similar in revenue size. Here are the key value drivers that owners should consider prior to selling their...
