The Benefits of Buying a Business versus Starting a New Business
Any business owner who has sold a business can tell you that it’s a long, tedious and stressful process. It consumes time and distracts you from the day to day operation of the business. When your focus should be on maintaining or increasing the value of your business, all of your time and energy is […]
Below is an interview of Alan Melton with Empire Business Brokers by Chelan David of DaySpa Magazine. Although these questions are for the DaySpa industry, most of the answers are pertinent to all businesses. Chelan: Why is it important for a dayspa owner to determine the worth of their business?
Banker Turned Me Down At 26 years of age, I decided to take the plunge into business ownership. After leaving the Upstate and managing a car rental company in Orlando, one afternoon I met after work with my future business partner, a sales rep for the same company. We complained about all the company policies […]
After starting four restaurants over the past years, Geri Wyatt has earned the designation “Successful Serial Restauranteur” by Empire Business Brokers, LLC. With the support and assistance from her husband Frazier, she took the step of faith and became a business owner in the Upstate in the 1980’s. She has never looked back.
Most prospective business buyers really don’t know from the outset the exact type of business they want to buy. Experienced business brokers and intermediaries know that many business buyers end up with what is sometimes a far cry from what first captured their imagination.
After coaching business buyers and owners for over a decade now, some things have become clear about what it takes to own a business that you will love. I’m not kidding. You really can love your work!
Business Staging; What Am I Talking About? by Jim McClain
The Early Days Margaret Collier is an entrepreneur who combined her love of art and framing with her business acumen to create a successful business. An artist herself, Margaret accepted a position in a local frame shop in Easley, South Carolina. The owner personally trained Margaret, and she worked as manager of the shop for […]
We all know that today’s real estate market is challenging enough without adding unnecessary hurdles. Conducting Environmental Due Diligence for Your Business Real Estate More than ever, the need to conduct environmental due diligence (EDD) commonly referred to as a Phase I Environmental Site Assessment (ESA) is a step in the real estate transaction process […]