Resources

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...

If owning a restaurant has been a desire of yours, you may want to consider seeking out existing establishments to fulfil that dream. There are a number of reasons why taking the reins of a previously existing restaurant may be the best option with an easier path to...

If you are looking to start a new business, you may be pondering whether to start fresh, or look for a chance to take over an existing operation. There are a number of reasons why taking the reins of a previously existing business may be the best option. But what...

A business broker is a trained professional who helps people buy and sell businesses. Brokers are useful in the standard practices needed to sell a business, such as gathering the proper documents, estimating the value of a business, and connecting sellers to...

How long does it take to sell a business? The answer is, it depends. It may be exciting to start the process of selling a business. It also may be emotional or cause a great deal of anxiety − and for good reason. A lot of work goes into running a business, and a lot...