by Marc Gudema | Dec 4, 2018
When you buy a business, you have a choice, should you buy the assets of the business or buy the legal entity, typically a corporation? In most sales, it is better for the buyer to buy the assets. Here are the reasons why. Liabilities – If you buy the...
by Marc Gudema | Aug 2, 2018
When you buy a business, there are usually two agreements that are signed. The initial agreement has the important terms of the deal – such as price, terms, training, what assets are included, and contingencies. The usual contingencies are for due diligence,...
by Marc Gudema | Feb 12, 2018
Buying a business is different from buying anything else. Understanding how business brokers think and operate can help you to be a better buyer. Here are some truths that we operate from: At least 90% of the prospective buyers who contact us won’t buy a...
by Marc Gudema | Jan 24, 2018
If you are going to sell a business or buy a business, it is important to understand Owners Cash Flow and how it is used to value a business. In most small business sales, the seller is operating the business and the buyer plans to do likewise. Because of this, the...
by Marc Gudema | Jan 17, 2018
When an individual is buying a business, the owners cash flow (also called sellers discretionary earnings) is usually the most important number in terms of valuing the business. In an owner-operated business, the owners cash flow is all of the income and benefits...
by Sarah Grossman | Dec 5, 2017
Franchise businesses can be a great business to buy, especially for first time business owners. At BayState Business Brokers, we have sold many types of franchises, and Principal Sarah Grossman pinpoints the top reasons to purchase a franchise. There is a Proven...