HONEST-1 DIFFERENCE This article was adapted from Honest-1 Difference Today there are more than 3,500 franchise ownership opportunities available in the U.S., and more than 100 in the automotive care industry alone. So what makes Honest-1 different? It starts with our name, but it’s really at our core: honesty, integrity, and an unwavering adherence to...
Whether you are a first-time business buyer, or an experienced strategic buyer, having an expert in your corner can make all the difference. Consultants experienced in business sales can add a lot of value. Here’s how: Buyer pursuing a For Sale by Owner: This is another example where a consultant, often working on an hourly...
You’re buying a business and have already “shook hands” on the deal. But there are some things you should insist on before you close. Negotiate a “letter of intent”: An LOI is a short agreement between the parties that spells out all the important terms and conditions of the sale. It will include the purchase price,...
For all those scanning the restaurants for sale in MN lists, there is usually a choice of whether you are going to purchase a restaurant and completely change the style/brand of the menu or whether you are going to take over and manage an existing business because it is successful. Do You Only Require the...
When investors are looking for businesses for sale in Minneapolis then may be prepared to accept almost any type of business when they expect to become an investor and not expecting to work within the business. If they expect to run the business, they will probably be looking for a niche business within an area...
There are two different ways that most businesses are sold in Minneapolis. Very small businesses, the home businesses or sole proprietor businesses, are often sold privately, with both the buyer and seller working through an attorney to complete the transaction. Often these businesses for sale are sold through pre-existing relationships such as sales to employees,...
If you own a business you can prepare for the sale of that business by identifying your company’s weaknesses and fix them, or let the buyer take on those challenges. What you decide depends on your energy, finances and what you want to net out of the sale. Sellers with business advisors, such as Sunbelt...
For years, buying car washes have been a promising investment for those interested in buying a business. However, as car washes become more automated and cars and consumers continue to evolve, the industry has changed significantly. If you’re thinking about buying a car wash business, there are several important questions to consider before you sign...
Buying a business is not just finding that thing to match your skills or passion. It’s not just signing on the bottom line. Sometimes that is not enough. Before you put your signature on that offer, be sure to ask these questions of the seller and their business advisor. Questions all buyers should be asking...
