Resources

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...

Getting a liquor license can open significant opportunities for business owners. Although licensing can take some time and investment, the benefits of obtaining one comes with a substantial profit margin of 17% to 100%. A thriving alcohol business market is worth $6...

You may have heard reports that a recession is possible in 2023. However, top economists do not have the same gloomy outlook. The consensus at Goldman Sachs, JP Morgan, Morgan Stanley, and Wells Fargo is 2023 will see a soft landing. For example, Goldman Sachs is...

If you’re looking to buy a profitable business in Michigan, and don’t know where to start, you may be asking: What are the hot choices for the most return on investment (ROI)? What are their practical benefits? How do I find the right fit? Well, the good news is there...

As remote work is increasing, the idea of purchasing an existing online business may inevitably cross your mind. As in brick-and-mortar businesses, established online ventures have benefits over starting from scratch. Both can be lucrative, but starting from the...