Just a couple of days ago I was surprised when the local newspaper asked this very question. A quick review of recent sales proved quite interesting. Buyers that have purchased businesses recently have hailed from: Alaska — Country Club Vacation Rentals Rome, Italy– Cactusberry Yogurt New York– Cal-Zone Pizza Montana–...
When purchasing a restaurant, bar, liquor store, mini-market, wine shop, catering business, or any number of other businesses where the selling or serving of alcohol is involved-you will need to deal with the application process of the California Department of Alcohol Beverage Control Board. The...
Keeping It Real Whether You’re Buying Or Selling Printed in: The Public Record, February 2012There are several industry-accepted methods used to arrive at the value of a business. Just rattling these off can make one sound, well let’s just politely say informed. 1. EBITDA– Earnings before depreciation...
Escrow is the process required to complete the sale of a business. An escrow company becomes the neutral party that prepares all the necessary documents, holds the monies and, when all of the stipulations in the parties’ agreement have been met … closes escrow. Close...
How A Business’s Goodwill Establishes Price and A Solid Footing February 2013 Hughes News Whether you’re a business owner about to sell your business or a buyer looking to buy a going business; there seems to be some confusion when it comes to “GOODWILL.” This is a key...
Today, ABC news was talking about how, during this time where nationally the unemployment rate is at 10% +, more than ever people are getting their own business. There was a 27% increase over last year of people looking to be their own boss. Here are...