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Alan Brind Articles

Guest post by: Alan Brind

Exit Planning…All Good Things Come to an End - Click To Read Article
A wise sage once said, "All good things must come to an end". This is especially true for the small business owner, who’d like to exit their business gracefully. But, saying it and taking action are two entirely different propositions when it comes to making that a reality. Most small business owners are constantly consumed with the day-to-day running of their business and have precious little time for the luxuries of planning, unlike their larger corporate cousins, this activity tends to be put off till last minute or generally not done at all.

To “Buy” or to “Start”, that’s the $64,000 Question? - Click To Read Article
There’s no question that buying a going concern can have many advantages. If the company has a well-defined marketplace, an established business offers a sound platform to expand and further grow the business. It will have employees, customers, processes, a business model, cash flow, and inertia all in place. Further, it is easier to borrow from a bank when your company has a history and everything is a matter of record.

Want to sell your business? This is how to prepare - Click To Read Article
In our experience the majority of business owners are inadequately prepared when the time comes to sell their business and transfer ownership. But, the way to ensure that the business owner maximizes the value of their business and minimize the objections raised by a potential buyer is to have squeaky-clean financials.

Small Business Owners, are You Planning now for the Economic Uptick…? - Click To Read Article
If you’ve been waiting for the economy to turnaround before selling your business, now’s the time to start planning your transition. As bank lending eases and buyer liquidity improves, you’ll want to be ready to tap into the market and take advantage of being the early bird that catches the buyer.

For Sale by Owner …Tips for Potential Buyers - Click To Read Article
The “for sale by owner” approach to selling valuable property is less commonly used for sale of commercial real estate and businesses than it is even used for residential real estate. From the buyer’s point of view, this usually would be more risky than buying a business when the seller is represented by a business broker.

Acquiring an Existing Business…a Sound Strategy - Click To Read Article
Many people aspire to be an entrepreneur, but starting up a business is not for the faint hearted. On the other hand, buying an existing business, rather than starting one from scratch, can be a sound strategy to achieve this dream.

Boom or bust…how will the Baby Boomer Agewave affect you? - Click To Read Article
As of January 1 this year, the oldest of America’s baby boom generation started turning 65 at a whopping rate of 10,000 a day…a trend that will last for the next 10 to 15 years. Over that time there’s going to be a massive increase in the number of businesses for sale, as baby boomer entrepreneurs begin to retire.

Acquiring an Existing Business - Click To Read Article
Many people aspire to be an entrepreneur. So, buying an existing business, rather than starting one from scratch can be a sound strategy to achieve this dream. One good reason is that it puts you well ahead of the game, since the start-up phase is the most common time for a business fail.

Mission Impossible Buying a Great Business! - Click To Read Article
Remember the good old TV series Mission Impossible, the team who always got their man, well you can get your man too or, should I say business. It's similar to selling your house where location, location, location is the mantra but in the case of buying a business it's planning, planning, and planning. Yes, it's possible to find a pretty good business, but you're going to expend a lot of sweat, blood and tears in the process. So, before accepting the challenge, have a clear plan of action before embarking on this mission. As with all journeys, you'll need a comprehensive roadmap. It's no use waking up one Monday morning and saying to your self, Oh! I think I'll try and find my dream business today. This is a recipe for barrels of frustration and nothing to show for it, except a depleted bank balance...





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