Just Elementary, Inc. » Archive
Leasing Second Generation Restaurant Space – Saving Time & Money
Eating Someone else’s leftovers doesn’t sound like the greatest of deals. But, when it comes to your money, you’ll have to figure out if you want to buy an existing business ( e.g. leftovers), or make something new from scratch. Should you buy an existing business? Should you start a new business? That depends on you and the team you are going into business with. There is a Right and Wrong answer for you. We will layout some points for you to consider to help you make an informed decision that will feel, well, Just Elementary! Reasons to Buy: You want an established track record and proven business model. You will be open for business the day you take possession. Trained employees in place with a seller to offer additional buyer training. Reasons to Start: You have your own … Read entire article »
Filed under: Business Opportunity For Sale, Business Tips, Commercial Leasing, Negotiation
Nuts & Bolts to Due Diligence
What are the nuts and bolts of doing Due Diligence on a Business Opportunity? Of course this answer varies from business to business. In this post, we will discuss doing due diligence on B2B (Business to Business, i.e. Non-retail) businesses, such as manufacturers, service businesses and Distribution businesses. Naturally, you need to consult with legal and financial professionals in the process of doing due diligence, and even before you start. This post is informational in nature, … Read entire article »
Filed under: Business Tips, Due Diligence, Negotiation
Franchising: CNBC’s ‘Inside’ Look at it
CNBC just broadcast a show highlighting five Franchise Brands. The official title is ‘Behind The Counter: The Untold Story of Franchising.’ The show had three story lines. One was about Franchisors doing a good job of growing and maintaining a brand (Proctor & Gamble and Five Guys), … Read entire article »
Filed under: Business Tips, Featured, Franchises, SBA, Uncategorized
Five Rules for Negotiating Commercial Leases
Your Bottom Line, is it important to you? Yes, ok, then let’s see where you can increase it. Occupancy cost is typically the first expense item we review as Commercial Brokers are at Just Elementary, Inc. Every business has a physical cost to exist and occupy space, even virtual businesses (think server space). For those business owners that lease the space that their business occupies, this post will cover Five basic Rules to negotiating or … Read entire article »
Filed under: Business Tips, Commercial Leasing, Landlord, Negotiation, Real Estate Tips, Renegotiation
Is My Industrial Business Lease Good or Bad?
Simple Things to consider whether your lease is friendly to your business, or is it holding your business back from growth and great profits and your lifestyle growths. Number 1, the occupancy cost. Simply put, this is the lease rate, plus NNN charges including other cost variables such as transportation costs and operational efficiencies. Ideally, the occupancy cost would be as low as possible. Given the fact that Industrial properties are not the ideal ‘outside investor’ type properties, the only major factor affecting real estate prices and lease rates is the health of the economy. In this recessionary market, most local industrial markets have seen lease rates plummet with skyrocketing vacancies. This means Industrial property prices have plunged and availabilities are high. So the good news is that you can attempt … Read entire article »
Filed under: Commercial Leasing, Landlord, Negotiation, Real Estate Tips, Renegotiation
Factors that Effect the Value of a Business
Factors Affecting the Value of a Business Lease & Occupancy Cost In the cases of businesses operating on a lease, the lease terms are key to affecting the contribution of value to the business. For retail business that are not footloose, a long term is key to positive value. For example, with a coin laundry, the lease needs to be typically, 20 years or more in length. Long term leases are important with most retail businesses. In … Read entire article »
Filed under: Business Tips, Business Valuation, Uncategorized
Business Valuations, Where is the Value?
If you poll business owners about how much their business is worth, you will get a broad range of answers. Ascertaining the actual value of a business is not a simple matter. The first step is to determine the type of value being analyzed. Are we talking about Resale Value, Liquidation Value, Merger/Acquisition Value, Book Value, Divorce Sale Value, etc. All of these situations present different circumstances, which lead to different valuations. Merger/Acquisition Value The Merger/Acquisition (M&A) value … Read entire article »
Filed under: Business Valuation
Archives
- March 2015
- February 2015
- January 2015
- December 2014
- November 2014
- October 2014
- September 2014
- August 2014
- May 2014
- April 2014
- March 2014
- February 2014
- January 2014
- December 2013
- November 2013
- October 2013
- September 2013
- August 2013
- July 2013
- June 2013
- May 2013
- April 2013
- March 2013
- February 2013
- January 2013
- November 2012
- October 2012
- September 2012
- August 2012
- July 2012
- May 2012
- April 2012
- March 2012
- February 2012
- January 2012
- December 2011
- November 2011
- October 2011
- September 2011
- August 2011
- July 2011
- June 2011
- May 2011
- April 2011
- March 2011
- February 2011
- January 2011
- December 2010
- November 2010
- October 2010
- September 2010
- August 2010
- July 2010