Buying a Restaurant: Doing the Legwork

Buying a Restaurant: Doing the Legwork

As already discussed, many first-time business owners dream of running a restaurant. Owning a restaurant takes passion and grit, but in the end the also comes with spontaneity, excitement, fulfillment, and a chance to control hours while giving back to the community....
Buying a Restaurant: What to Consider

Buying a Restaurant: What to Consider

Restaurants are a common first business for many business buyers. From variety of service and pricing, opportunities for full family involvement, and the thrill of building something that you can pass on, restaurants are a desirable investment for many first-time...
Drawing Financial and Strategic Business Buyers

Drawing Financial and Strategic Business Buyers

We talked about the importance of drawing individual buyers to the sale of a business with emotional appeals. These motivations play a key role in understanding the buyers that may be drawn to purchase a business. However, emotional appeals are not as motivating to...
Selling a Business? Consider What May be Motivating Buyers

Selling a Business? Consider What May be Motivating Buyers

Selling a business takes a lot of preparation. Don’t forget to consider the buyer and what may be motivating them to become business owners, and specifically to want to buy YOUR business. Emotional motivations play a key role in understanding the buyers that may be...