Category Archives: Insights

Why should I buy a business when I can start one?

The concept of starting a business is fairly straightforward; create a product or service and sell it to you customers. In reality, there is much more nuance navigating how to structure your business, finding reliable vendors, leasing or buying equipment and property, buying raw materials and most importantly, connecting with, and making a sale to, […]

Valuation

Sorry — there simply is not a ‘magic formula’ or ‘magic multiple’ used in valuing businesses. The reason that ‘one size fits all’ does not apply is that valuations vary industry by industry, geographic region by region, by size of the business, the type of business, from buyer to buyer and by a buyer’s perceptions […]

Types/Sizes of Businesses

We feel that it is very important for the business broker and the client to be a ‘good fit’ and thus we state our criteria. BUSINESSES THAT WE DON’T ACCEPT: Restaurants, hotels, gaming sites, marijuana dispensaries, single retail stores, taverns, startups, turnarounds and companies looking for financing. CLIENTS WE DO ACCEPT: Manufacturing, Distribution, Service, Hi-tech […]

Finding Buyers

The resources or strategies that are used on behalf of a given client will vary by their size, industry, location and other unique characteristics. Listed below is a ‘broad brush’ of those resources and strategies. Buyer Data Bases: We receive numerous inquiries from individuals looking to buy a business and that continuously updated file averages […]