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Just Elementary, Inc. » Entries tagged with "Buy"

The Missing Picture: Due Diligence

While you are analyzing a business for sale and after you have agreed to a preliminary terms to purchase a business opportunity, you are going to have to do perform and finish your Due Diligence. A quick note, you should consult with and hire legal and financial professional s to assist you with the process. Having been involved in many transactions, I can share some insight with you about the process and what to look for. Number 1 most important thing to figure out is why is the seller selling? Make sure it is a legitimate reason, such as a genuine retirement. Get to know your seller to the best of your abilities on a personal level. Meeting with the seller in casual settings … Read entire article »

Filed under: Business Opportunity For Sale, Business Tips, Negotiation

HOT or NOT? Buy Now Or Forever Hold Your Peace!

Well, it is not quite that simple.  The most likely market trends for the next 3-5 years is FLAT.  Hopefully not a Flat-Line.  There are three kinds of markets I can think of, #1 HOT, #2 Imploding Crashing Markets and #3 the flat & boring market.  So, probably not a good idea to buy while the markets are still crashing like Fine China falling from a Display Case. Also, it is a risky proposition to extend a lot of leverage in a hot market, lest your exit strategy be too long and you get stuck holding asset(s) into a Crashing market.  Thus, if we are now finally into the beginning of the LONG, Flat and Boring Portion of the Market, then it is time to buy all the assets that you … Read entire article »

Filed under: Business Tips