Buy a Business Blog Archives | Sarasota Business Acquisition

Buying a Business for the First Time? Here’s What to Know

November 5, 2020October 22, 2020 by Hallmark Brokers

If you have ever longed to quit your job and strike out on your own, you may be ready to buy your first business. This is both an exciting and a scary process. If you are thinking of going into business for yourself, here are some tips you need to know before you start the … Read more

Some Tips for Buying a Business in Sarasota

August 18, 2020 by Hallmark Brokers

You could start your career as an entrepreneur by starting your own business, or you could buy a business. Buying an existing business can be an easier way to step into the entrepreneurship industry. However, you must educate yourself before buying a business to make sure you are not getting in over your head. For tips for buying a business, continue on.

Buying a Restaurant? Avoid These Mistakes

September 28, 2020August 5, 2020 by Hallmark Brokers

The pandemic has been lethal on restaurants since March, with thousands of restaurants closing around the country. With all of the uncertainty, you might see a bit of good news and daylight. Your favorite restaurant in your favorite location might be on sale. However, before you jump into that amazing deal, there are a few things you need to think about first.

Is an SBA Loan Best for Buying a Buiness?

June 3, 2020 by Hallmark Brokers

This may not seem like the best time to buy a business, but there are a lot of people who buy and make businesses successful during the most trying of times. Many great businesses were founded during the worst times, such as the Great Depression. If you are looking to buy a business, you may want to think about a Small Business Administration (SBA) Loan. However, is that the best thing you can find to buy a business? We have some thoughts.

What You Need to Know Before Buying an HVAC Business

April 20, 2020 by Hallmark Brokers

One of the most longed for systems in a building is a temperature-controlled and air-quality system. Heating, ventilation, and air conditioning (HVAC) systems are used in both commercial and residential buildings. HVAC systems are in high demand year-round. If you are thinking of buying an HVAC business, this is an excellent industry to get into. However, there are some things you should know before making this purchase. Read on to learn what you need to know before buying an HVAC business.

Starting a Business vs. Buying a Franchise

March 3, 2020 by Hallmark Brokers

If you are considering going into business you may be wondering whether it makes more sense to start a business from scratch, buy an existing business, or buy a franchise from an existing entity. Although the lure may be strong to start your own business, the reality is that about two-thirds of all new businesses will fail over time. Let’s look at the pros and cons of each as well as potential pitfalls.

What Questions Should You Ask When Buying a Business?

January 14, 2020December 10, 2019 by Hallmark Brokers

Buying an existing business can have many advantages over starting one yourself. A built-in customer or client base, pre-existing vendor and third-party relationships, as well as employees who are already familiar with the ends and outs of said business can all give you a major head start as opposed to building it from the ground up.

What Should You Evaluate When Buying a Business?

November 18, 2019 by Hallmark Brokers

Buying or selling a business can be extremely difficult, and in all honesty, incredibly frustrating as well. There are so many legal stipulations, negotiations, and various other things that go along with such a monumental arrangement that many people end up costing themselves countless sums of money because they were either unaware of certain opportunities or they simply wanted the process to be over with.

5 Reasons Why Franchises are Great Businesses to Buy

October 21, 2019October 15, 2019 by Hallmark Brokers

If you are interested in buying an existing business, and particularly if you are a first-time buyer, you should seriously consider buying a franchise. There are many good reasons why buying a franchise is a sound financial decision, and here are five of them.