7 Essential Questions to Ask Before Buying a Business
Buying a business is a significant investment that requires careful consideration. To make an informed decision and reduce risks, you need to ask the right questions. Below are seven essential questions every buyer should ask before finalizing any deal. These will help you understand the business’s true value along with potential risks. 1. What Are
How Employee Engagement Drives Performance and Profit
Why Employee Engagement Matters—and How to Get It Right Your employees are more than just part of your team—they’re the driving force behind your business’s success. If you want your company to thrive, prioritizing employee happiness and satisfaction is essential. An unhappy workforce can create negative energy that spills over into customer interactions, ultimately hurting
How to Navigate Buyer-Seller Meetings: 3 Key Tips
Why the First Buyer-Seller Meeting Matters — and How to Make It Count When buying or selling a business, the initial meeting between buyer and seller is often a turning point. It sets the tone for the entire transaction and can heavily influence the outcome. In many cases, a buyer’s first offer comes shortly after
5 Must-Ask Questions Before Acquiring an International Business
Purchasing a business in another country comes with unique challenges. Unlike buying a local business, international acquisitions require navigating unfamiliar markets, regulations, and cultural differences. If you’re considering taking this step, it’s important to understand the risks and know what to look for. Here are five key areas to evaluate before making your move. 1.
Four Reasons Why Acquiring an Existing Business Can Be More Strategic Than Starting a New One
When people dream of becoming business owners, they often picture launching their own venture. They may picture building something from nothing, and the fulfillment of turning a concept into a company. While exciting, this path comes with plenty of hurdles, which include creating brand awareness, finding customers, hiring a team, and generating consistent income. Keep
What to Ask Before Buying a Business: Key Areas to Explore
Buying a business is a big move—and asking the right questions upfront can make all the difference. Whether you’re a first-time buyer or a seasoned entrepreneur, doing your homework early can help you avoid unpleasant surprises later on. By being proactive and thorough in your evaluation, you’ll set yourself up for a smoother and more
Unlocking Your Potential Through Business Ownership
As a business owner, you gain freedom and the potential to earn more than you might otherwise earn. If you are ready to tackle the hard work involved in business ownership, you may be prepared to take the next step. Two main advantages to being a business owner include forging ahead with more freedom and
Strategic Negotiation: Essential Tactics for Deal Success
Negotiation can evoke a range of feelings: some people thrive on it, others dread it, and many fall somewhere in between. Regardless of your stance, the ultimate goal remains the same: to emerge successfully from the negotiation. Mastering effective negotiation methods and tactics can give you an edge where others might falter. The objective is
Why Business Brokerage Professionals Use Term Sheets
Term sheets are invaluable in that they can serve as a point of orientation during negotiations. Thanks to term sheets it is possible to keep everyone involved, focused and on target. What is a Term Sheet? These nonbinding agreements detail the basic terms and conditions of a deal. It is different from a legally binding
Navigating Due Diligence: Essential Steps for Successful Business Transactions
There is no denying the satisfaction that comes with obtaining a signed letter of intent from both the buyer and seller. However, it’s crucial to recognize that due diligence has yet to be completed. No deal is final until the seller undergoes this process and commits to proceeding. The Goal of Due Diligence In Stanley
What You Need to Know About Partnership Agreements
There have been countless instances when someone has gone into business with a relative or close friend and made the mistake of skipping a formal agreement. No matter how good a friend may be, you will always want to get the terms of the partnership in writing. A partnership agreement is a vitally important document
A Look at the Market Pulse Report
The Market Pulse Report Survey is a resource that has a variety of information that business brokers and M&A advisors regularly utilize to better understand the business landscape. The most recent survey was conducted April 1st to April 15th 2022 and had 360 broker and advisor respondents. It also marked the 40th edition of the