Double Your Profits

Buying a Business

Buying a Business Part II – Is There Enough Cash Flow to Make the Payments AND Run the Business?

Saturday, September 1st, 2007

Many businesses are offered for sale by the owner as ‘so-much down and so-much a month for so-long’. One of the biggest failure mechanisms for small business is buying into a business that is

Buying a Business Part I – ALWAYS have a Formal Partnership Agreement

Friday, August 24th, 2007

One of my long-time clients sold one of his businesses last year to two gentlemen; one, a family member who was to run the operation side, and the other, a fellow who was very capable of running the business side. Yet, even though I fairly insisted that they work out a partnership agreement between them, […]