Rudy Weber Articles
How to buy a business - Click To Read Article
Buying a business is undoubtedly one of the most daunting investment prospects you can possibly undertake - possibly even riskier than getting married!
The safest and most cost-effective way to approach the actual purchase of a business is to look at it as a long process of elimination, involving a number of steps, like concentric rings, each reaching deeper towards the core. Each step should be taken only after successful completion of the previous step.
The important thing is to allow sufficient time to complete each stage of the investigative process comprehensively.
Getting the best price for your business - Click To Read Article
The main thing to keep in mind when selling a business, is the same thing you need to keep in mind with whatever you are selling - what is the buyer looking for? You get nowhere when you focus on what you want from your buyer; but you can get what you want if you focus on what your buyer might want from you. The basic conundrum is that, here you are - you have a business, and you want to improve your position by converting it to cash. On the other hand, there is a prospective buyer, they have cash, and want to improve their position by converting it into a business - hopefully yours.
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