Here are the most popular business categories on BusinessesForSale.com for June 2011. Check out our businesses for sale page, we have inventory in just about all of these categories!
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As August 2 approaches, you'll likely hear increasingly urgent debate over the nation's debt ceiling. That's the approximate date by which the Treasury estimates it will no longer be able to borrow under the current $14.3 trillion limit. Treasury officials have warned that if the Treasury can no longer borrow money, the U.S. might default on its existing obligations--in other words, be unable to make payments it already owes, whether those be for Treasury securities or government programs.
President Obama, Treasury Secretary Timothy Geithner, and Federal Reserve Chairman Ben Bernanke have warned that not raising the debt limit would have severe consequences. Leaders of both parties have said that the issue must be addressed, and have put forward proposals for tying any increase to tackling the country's budget deficit. However, they differ on how to begin to reduce that deficit.
While the debate is taking place right now, here are some answers to frequently asked questions that might help you understand the issues involved.
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Creating value in the privately held New York company makes sense whether the owner is considering selling the company, plans on continuing to operate the business, or hopes to have the company remain in the family. Implement these 6 steps to increase the value of your company.
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Inc. recently posted "10 Questions to Ask Before Buying a Business." These 10 questions are very good and I recommend that a prospective buyer should try to get answers to all of them. Read on for a more comments based on my many years of experience both as a business broker and business owner.
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What is the value of your business? There are many ways to approach that question. You could base it on complex formulas or just a good hard look at the balance sheet, but no answer based purely on numbers is going to get to the heart of the issue. Even factoring in goodwill, the true essence of a company is not likely to be revealed.
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So here it is….most prospective business buyers really have no idea what type of business they want to buy. Experienced business brokers like those at the Inbar Group know that many business buyers end purchasing a business that is a far cry from what first captured their imagination.
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If you are considering entering the world of franchising in New York, an important consideration is assessing the value of the business. All of the following factors either affect or help determine valuations of typical franchise operations in New York:
1. Franchise Agreements:
Typically, franchise agreements cover a period of twenty years; sometimes with added options. In situations where a franchise unit has fewer than ten years lefton the agreement (and options, if any), the value would diminish proportionately.
2. Territory Exclusivity:
Many franchisors do not provide an "exclusive" to franchisees within a given territory. More commonly, the franchisor will offer a franchisee limited protection for five years, during which time only he or she will be allowed to expand operation to additional units. Even limited protection can be assigned some value. Any current territorial rights may have additional -- and significant -- value.
3. Business Hours
Potential franchisees should consid ...
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Selling one's business in New York or anywhere else can be a traumatic and emotional event. In fact, "seller's remorse" is one of the major reasons that deals don't close. The business may have been in the family for generations. You may have built it from scratch through hard work and determination or bought it and made it very successful. However, there are times when selling is the best plan of action. Here are a few good reasons to sell
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The following is some basic information for anyone considering purchasing a business or selling a business in New York, New Jersey or Connecticut. The more information and knowledge both sides have about buying and selling a business, the easier the process will be.
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Once the decision to sell your business in New York (or any where else for that matter), the business owner should be aware of the variety of possible business buyers. Just as small business itself has become more complex, the people interested in buying them have also become more divergent and sophisticated. The following are the current most active types of business buyers:
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