SteveBizBlog

Why Owners Sell Their Business

Buy or Sell a Business / Sell a Biz, Recast Financials, Franchise, Sole Proprietor, Debt Financing, Buy a Biz, Due Diligence

I teach a boot camp class each month for our local Small Business Development Center (SBDC). There is portion of this course that looks at the three ways to become a business owner. These ways include: buying a business, buying a franchise, and starting from scratch. As I discuss the option of buying an existing […]

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3 Risk Levels to Becoming a Business Owner

Existing businesses make money on day one. A successful franchise will earn the owner income not too long after starting up. However, a start-up, even one that survives, may take months or years to begin to pay the owner a salary for working in the business.