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One of the less common areas in the business brokerage industry is the idea of growing a business by corporate acquisition, in essence buying a competitor. Many business owners have thought of this – but few will complete an acquisition. Why? Often it is the difference between proactive and reactive buyers. Let’s look at the differences between reactive and proactive approaches to buying a business. Continue reading
Make sure your financials are in order. Take legal deductions wherever you can but, be sure to keep reporting above board to increase value! Continue reading