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Welcome to Bizbrokerforum, the open portal for discussing anything related to business!! Gather free information on everything you need to know from naming your business, Writing a business plan, Raising money, Creating a marketing plan to legal basics, and finding the business of your dreams.
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Financing a franchise
So you want to buy a franchise. If you have all of the capital needed to make
the purchase with some leftover to run the business then you do not have a
problem.
The potential owner with the
desire to own a franchise, but is short of money is the person this article is
directed too. They have the motivation,
but they do not have the needed capital to pull off the purchase. There are several ways to solve this problem
assuming the potential...
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Selling your business takes
planning and careful documentation of information about the business. The financial statements have to be brought
current and also all past information say for the last five years should be reviewed
for accuracy. A current inventory should
be prepared if the business is inventory sensitive. A list of leases, legal obligations, loans to
be assumed and other obligations should be made and classified. In short, all money matters of any importance...
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Selling a business takes
preparation, planning and commitment by the owner. It is like any other project, set a goal,
list the steps to get there and then work the plan. When you sell a business you will need to
gather all of the important facts about your business and put them in a
presentable form. Another important
early decision is how you are going to sell your business. Are you going to do it yourself or with
professional help. Most businesses
change hands...
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When the seller and the buyer
have been talking for some time with regard to the purchase of a business,
there comes a point that a deal needs to be made or the talks should come to an
end.
This point is after all details
of the business have been presented and the buyer has made a counter offer to
the sellers asking price. This is
followed with a counter offer from the seller or a refusal of the offer. The buyer then might offer to meet the price
if the seller will...
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Selling a business is a series of steps that logically
follow one another until the sale is complete.
If you know the steps, then you have a plan of attack to sell your
business. This plan will get you a fair
price and help to make the sale go through as quickly as possible.
Setting a price after the decision to sell
The first step in the process
of selling a business comes after the decision to sell the business. This decision can happen for many reasons and...
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