Comments for Businesses for Sale - The Business Place

Comment on Is this a good time to sell a business? by David Miller

David Miller — Fri, 16 Apr 2010 10:44:24 +0000

Just came across your blog and the information about Selling a Business presented here is quite enlightening. The template you have used is really unique and cool. Well written information regarding Selling a Business. Company Formation

Comment on Picking the right franchise by dandan45

dandan45 — Sat, 23 Jan 2010 15:23:21 +0000

Yes, picking the right franchise to match your skills is critical. I believe that some people really should not try to build their business through a franchise, just because their skill set and temperament does not match the franchise method. A franchise has built a successful operation. One should not try to change the process, because it already works. If one’s style wants to make it better by changing it, then that person may be best suited to starting their own business.

Do more that follow your passion — LIVE IT!

Comment on What should you consider when you are planning to buy a new business? by Adam

Adam — Fri, 22 Jan 2010 00:09:17 +0000

Nice comment Adam knightsbridge business sales

Comment on Tips on buying a franchise by Sell My Business

Sell My Business — Fri, 08 Jan 2010 05:08:26 +0000

Great tips for my business!

Comment on What happens if you can’t buy the franchise that you want? by Franchise-Santa-Barbara-Taylor

Franchise-Santa-Barbara-Taylor — Wed, 18 Nov 2009 13:47:31 +0000

Very good article and really helpful. I’m looking into franchising myself and taking control of my future and these ideas helped me a lot. Thanks for sharing.

Comment on Buying a franchise by Fran

Fran — Wed, 11 Nov 2009 20:46:26 +0000

You MUST do your homework! We bought a franchise and did our due diligence using professionals, a purchase lawyer, an accountant, a real estate agent, a huge well known bank.. and we still lost our shirts. After we lost our store and tried to take the vendor to court for corporate fraud, we could not continue due to stress, depression and no money. We have a damn good case but are convinced that the lawyer who we finally found to represent us pro bono, was cooperating with our bank and intentionally waited till time was almost up and dwindled our case down to nothing before he walked away. At that point we had no time to do anything else about it. He knew our position. Be SO careful. We lost our life savings and equity in this franchise.. it can and DOES happen. You have to have money to make money and you have to have money to fight for your rights if something goes wrong. The legal system does not care about you, as we found out. And (some) franchisor’s are crooks. We received no help from them at all, just deception. BE CAREFUL!

Comment on What type of lawyer do you need when you buy a business? by home based business opportunities

home based business opportunities — Thu, 05 Nov 2009 07:57:01 +0000

Home-based businesses are fast becoming a popular way to operate your small company, while reducing expensive start-up costs such as leasing space, lease hold improvements, utility and phone deposits and major office equipment. Thousands of people across the country are finding that working from home provides them with the advantages of earning an income with the flexibility to work when it is best for them and take care of family and other responsibilities that often arise throughout the work day.

Comment on Business brokers – how do you know if you found the right business broker? by Toronto Business Broker

Toronto Business Broker — Sat, 24 Oct 2009 22:21:21 +0000

If you are a buyer dealing with a business broker or looking at businesses on your own, it is extremely important to listen to what business professionals have to say, and more importantly, listen to what the market is telling you. The most successful buyers that we have dealt with are the ones that are open minded to opportunities, flexible in what an “ideal business acquisition” is, open to taking a calculated risk and perhaps most importantly, willing to accept the reality of the market place and make the best out of it rather than live in a bubble of what their ideal business is. Also, very important to stress – none of the savvy and successful buyers mentioned above are looking for the “perfect” or “flawless” business, rather they are tirelessly and meticulously working with their business intermediary on learning as much as possible about a business opportunity that suits their return and lifestyle requirements and capabilities.

Comment on What is the value of a business broker when you buy or sell a business? by Alex Shteriev

Alex Shteriev — Sat, 24 Oct 2009 21:13:36 +0000

Gary – thanks for the nice summary of the advantages and disadvantages of using a business intermediary/business broker. I just wanted to add on a couple of things which I think are extremely important as far as the role of a mediator is concerned. Both of them are based on my experience as a business broker in Toronto, Ontario, however, I am sure they are applicable across the board. First – broker’s role is paramount in negotiating the terms of the deal and explaining to both parties what are they really getting and what they need to give up. By being this person in the middle we eliminate potential animosity and haggling between the parties and make sure that they continue to hold each other in high regard. Secondly – it is the ability of the broker to navigate the due diligence process which is an enormous help for moving a deal to the finish line. In our experience, it is close to 75% of deals’ failure rate that are due to mismanagement of the due diligence process. Again – great job and keep up the great work on the blog.

Comment on Why buy a franchise vs an independent store? by Free Home business opportunities

Free Home business opportunities — Mon, 05 Oct 2009 05:28:38 +0000

The present job market is characterized by a hire-an-fire policy on the part of the employers. This is prompting a number of employees look for free home business opportunities to secure some extra income for the uncertain future. Many of them find eBay the perfect starting point for their home based ventures for a number of reasons. First of all, eBay offers free home business opportunities with virtually no risks.
Secondly, you can start an eBay business with little or no investment.
With eBay you get access to a huge market of 50 millions customers and as such, it is really possible to hit the jackpot at eBay with little innovation.