Selling A Business Is Unlike Anything Else

The price of a business is determined by a valuation. The rules of a valuation come from the law and then legal cases as well as the Internal Revenue Code and custom. The price for most other items of value are determined by market comparables (for example, when valuing a house), looking up a book […]

Why Start Your Own Business

Why start your own business? Well, having your own business from home is an exciting prospect. You have the freedom to decide on the hours you want to work. The more time that gets invested productively in building and maintaining the business will ultimately translate into a greater financial turn-over for the business and increased […]

Effectively Practicing Credit Cards On Your Small Business

Business Credit Good Or Bad? Credit is like anything else in your life. Properly used it can be a real asset your business. However, improper use of credit lines can almost guarantee that you’ll get into trouble and eventually even cost you your business and your personal credit too. The first thing that you should […]

Getting New Business Ideas

Ironically the opportunities for starting a successful business in a recession are huge. Indeed, famous companies like apple, Microsoft and face book were all started in a recession. However, before committing to starting your own business you will need to first of all ask yourself whether you will be suited to becoming your own boss. […]

Value of a Business Between Owners

Buyers who are involved with the business will not pay for the “know-how” or “good will” of a business that a buyer outside the business would consider purchasing. Generally, an inside sale (where the market consists of buyers involved with the business) will not have as high a purchase price as an outside sale (where […]