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Archive for November, 2009

I have up to $200,000 to invest I’m looking for an existing quick-service food franchise.

Icon Written by admin on November 30, 2009 – 5:16 pm

From the Wall Street’s BizBuySell.com/community:
I have up to $200,000 to invest I’m looking for an existing quick-service food franchise.
Any ideas? 
Hi Grant, 
I’m sure you’ve done your homework regarding various franchises. One of the sites that I find particularly informative is http://www.BlueMauMau.org – sort of a grapevine for complaints from franchisees. As you no doubt know – [...]



We’ve had a couple see our our business, and now won’t return calls or reply to e-mails, any suggestions?

Icon Written by admin on November 15, 2009 – 3:00 pm

We had this couple call several times before coming to meet with us and see the business. They asked great questions, but afterwards, won’t return follow up calls, or reply to our e-mails to inquire as to their thoughts!

Paul Midler – In Selling a Business – 1 hour ago
 
Wyoming County, PA

Hi Paul,
            I would strongly [...]



Is Advertising a Business for Sale on Craigslist a Good Idea, Directing Them to Our Posting on BizBuySell?

Icon Written by admin on November 10, 2009 – 2:02 pm

From:  http://www.BizBuySell.com
Answer this Question

Answers (3)

Julie A. Barnes  
Small Business Exchange, Inc.
Travis County, TX
 

Hi Dennis,
 
Don makes some valid observations about using Craig’s List – advertising there often results in a flood of tire kickers. However, it’s been my experience that – once in a while – you find a legitimate buyer – at least I have.  SO [...]



When Competitors Become Desperate

Icon Written by admin on November 5, 2009 – 2:32 pm

I recently received a “Cease and Desist” order from the Texas Board of Accountancy to stop using the designation “CPA” .  Although ignorance should not be an excuse, I honestly thought that my license in the state of Kentucky was sufficient (especially since I’m not holding myself out to be a public accountant).  SO – I’m [...]



Should You Ever Buy a Business That is Losing Money?

Icon Written by admin on November 3, 2009 – 4:27 pm

As they say in Minnesota – you betcha!  Some of the very best bargains on the market are businesses that are being mismanaged.  Unable to provide financials to support a higher sales price, owners are forced to ask less for their business – often times much less than the book value of their assets.
IF, after [...]



Dirty Pool

Icon Written by admin on November 1, 2009 – 6:17 pm

     I quite recently received a notice from an attorney at the the Texas Board of Accountancy to “Cease and Desist” using my designation as a CPA.  Apparently a former employer and competitor attempted to find my license in Texas to no avail – primarily because I’m licensed in the State of Kentucky instead.
     As a [...]