Resources

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...

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 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...

Calculating your business value takes a keen and objective eye. The process for determining the worth of a business is an act that is equal parts skill and art, one that a good broker will be fluent in. As a tool used to determine the sale value of a business, to...

It’s very common for business owners and entrepreneurs to question whether the business has run its course and it’s time to sell. If it doesn’t seem obvious that time has come, contemplating the “why” is a healthy and pivotal exercise to take on before taking the next...

If you’re looking to buy a specific business or franchise in Michigan, you may be questioning whether you are up to the task, or whether you will fit into the structure or atmosphere of the new venture. Questioning how your personality would fit into different work...

The first thing Nadir Jiddou will tell you before buying a business? Do your homework. And the homework Nadir advises for buyers is very introspective. “Know what you’re good at and know what you want to do before you make this commitment.” At the end of the day, he...

Name: Nadir Jiddou Owner: Michigan Business Broker since 2016 Experience: Business Owner, Entrepreneur, and Broker for 20+ years Values for a Successful Business: Hard-working and able to take a calculated risk Michigan Business Broker founder Nadir Jiddou has been...

If you're looking to buy a profitable business in Michigan, you're in luck. Michigan is business-friendly, has an abundant and diverse workforce, and is a great choice in terms of cost of living and access to a global supply chain. The Michigan Economic Development...

There may come a time when expanding a business or shifting operations of multiple businesses to one LLC is the right move to bring an enterprise forward. But where to begin? First, professional advice from an accountant and attorney should be sought, especially for...