What's More Important, Assets Or Income?
While this may sound like an odd question, rest assured you will encounter arguments for both answers while you're in the process to buy a business. I'm sure you've heard the sayin
Continue Reading >Every Business Buyer Must Become An Expert At Reading Financial Statements
It can be difficult to cultivate great small business lessons from multi-billion dollar companies or executives however, one of the greatest stories I ever heard about financial st
Continue Reading >Quickly Analyze The Numbers And Stop Falling For Old Broker Tricks
If you spend any time at all looking at businesses for sale, I guarantee you will run across a broker or seller (or several) who will only release financials on a business after yo
Continue Reading >Reviewing Financials And Add-Backs When Buying A Business
There’s an old expression, “you can put lipstick on a pig, but it’s still a pig”. That is exactly how I view many of the items sellers add-back to their financials to prett
Continue Reading >How To Calculate Your ROI When Buying A Business - Should An Owner's Or Manager's Salary Be Subtract
Question:I'm interested in buying a business some day, but I have a question about return on investment calculations. When calculating owner benefit/cash flow, do you subtract out
Continue Reading >How Are Accounts Payable/Receivable Normally Handled In The Sale Of A Business?
Question:What is a common practice for dealing with accounts payable/receivable when purchasing a business?Answer:In nearly all small business sales, the seller will retain the cas
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