Category: Choosing A Business

So, what did you do for your summer vacation? I rebuilt my business and learned an incredible amount in the process. Since launching our online publishing business in 2001, we have utilized a backend platform (what drives the website) that…

Prospective business buyers find it hard to believe that 90% of the people who begin the search to buy a business never complete a transaction. After all, you're probably very enthusiastic about buying a business, how could this zeal wane…

I've been in my own business for 17 years now and have never, ever regretted my decision to go on my own. Two weeks ago, I had another reminder why it's good to be the boss. My five-year old son…

Email has changed the world and how we communicate. It is without question, a tremendous tool. In the course of a typical day, I receive and send over 100 emails. I am not sure if this is a good thing.…

Do You Really NEED To Buy A Business? I'll bet that of the first one hundred people that answer "no", ninety-eight of them will never buy a business. Similarly, I will give odds that the other two, will definitely buy…

Each year I am amazed, but not at all surprised, how the entire category of entrepreneurship continues to grow. I was however stunned to learn that a number of business brokers reported a less than stellar year in 2006. In…

After happily living in America for the last ten years, I am about to become an American citizen. On December 11, 2006, I went for my final interview to the Immigration and Naturalization Services office in West Palm Beach, Florida.…

In my first post on this blog, I talked about the three traits common to every successful entrepreneur I have met. The first characteristic was perseverance. The second is that all great entrepreneurs are smart enough to know they don’t…

Before I go any further I want to take a moment to post about my partner in this project, Richard Parker. I've known and worked with Richard for going on 6 years now, and there is no one I can…

Question:I want to buy a restaurant but have never owned one before. What are the main things I should look out for or consider?Answer:Perhaps the first thing you should consider is why you want to buy a restaurant altogether? As…