What Questions Should You Ask Before Buying a Business?
By Troy Frank, Owner — Indiana Equity Brokers Estimated read time: 7 min The short answer: Before buying a business, ask detailed questions in six areas: recent challenges, financial quality, legal and contract risk, operations and vendor concentration, the team, and market position. Roughly 30–50% of signed letters of intent fall apart during due diligence, usually because a buyer uncovers...Read More
Unlocking Success Through Co-Branding: The Modern Business Strategy Revolutionizing Commerce
The world of commerce has always thrived on partnerships. From the tailor next to the dry cleaner to today’s innovative collaborations between global brands, the concept of combining businesses has evolved into a powerful strategy known as co-branding. This modern approach is particularly popular among franchises and involves merging complementary products and services under one roof. Whether...Read More
How Can You Quickly Qualify Business Buyers and Avoid Wasting Months on Tire-Kickers?
When selling a business, time is the seller’s most scarce resource. Studies from the International Business Brokers Association (IBBA) and BizBuySell Insight Reports consistently show that the average business for sale stays on the market 6–10 months, and up to 70% of owner-sold businesses never close because sellers waste time with unqualified or unmotivated buyers. The solution professional...Read More
Thriving in the Modern Business World
As we step further into the 21st century, the landscape of business is changing. While there are always new challenges on the horizon, the core principles of achieving success in business remain largely unchanged. Have you considered how well you’re preparing for both the new and enduring demands of entrepreneurship? Let’s take a look at some standards to abide by. Are You Embracing...Read More
