Archive | Business Buyers’ Articles RSS feed for this section

Selling a business remains an alternative to shutting down

Once again, Teya Vitu has written a thoughtful and timely piece for Santa Fe’s small business community in today’s Santa Fe New Mexican. This is the year just about every business owner is wondering, how long can I last? The coronavirus drags on with no sense of when a mask-free, mass-gathering-restored normal will resume. Businesses […]

Continue Reading ·

Buying an Established Franchise? Here are the typical under contract steps

Each franchise has its own process for qualifying and onboarding a prospective franchisee. Sometimes it’s rigorous with multiple interviews, steps, forms to be filled out, and documents to be provided. Other times, it’s comparatively relaxed. The degree of scrutiny a candidate undergoes largely depends on the type of business. Nonetheless, many will follow a format […]

Continue Reading ·

Considering a Franchise? Why it could be a great fit

Franchises are popular choice among budding entrepreneurs for a variety of reasons. Established franchises even more so. The reasons behind their appeal are numerous. Name RecognitionTopping the list is the ability to take advantage of the name recognition of brand that is already out there, known and trusted in the community. Take home healthcare, for […]

Continue Reading ·

Love What You Do! Buy a Business that Aligns with Your Goals

Can you make money and follow your dreams? Yes! A recent article at Entrepreneur posits a framework for deciding if you might be able to turn your hobby into a business. The piece (very reasonably) revolves around the potential for monetization. “Even if you’re pursuing this mostly because of your passion,” writes SEO.co CRO Timothy […]

Continue Reading ·

Tips for Buying an Essential Business

“With the idea that essential businesses can be recession-proof and even boom during a public crisis, buying one is becoming a more attractive prospect,” says franchise expert Chris Buitron in a recent Milwaukee Community Journal article. The thought piece, “4 Factors To Consider Before Buying An Essential Business In COVID Times,” discusses a rising interest among […]

Continue Reading ·

Financing a Business: 4 Options Evaluated

Before leaping into a new business opportunity, most entrepreneurs face the challenge of securing working capital. Although it’s not an easy task, it is essential to getting your idea off the ground. It’s also not a decision to take lightly, as the choice you make will stick with you for years to come, even after your […]

Continue Reading ·

Golden Age of Business Acquisitions?

Business acquisitions are red hot, and all kinds of businesses are being snapped up.  Some people are under the impression that only large businesses are being acquired, but this is far from the reality of the situation.  It would surprise many to learn that so much of the “action” is, in fact, small businesses buying […]

Continue Reading ·

Should You Buy a Turnkey Business?

There are plenty of benefits to purchasing an existing business, but running a successful business can become overwhelming. If you’re considering buying a small business, but don’t know if you have enough time to commit to a significant venture, then a turnkey business model might be the right fit for you. Continue reading to discover […]

Continue Reading ·

More Love for Santa Fe

Santa Fe and local hospitality businesses are basking in love this week thanks to the voters in Condé Nast Traveler’s 32nd annual Readers’ Choice Awards. Based on survey responses by 600,000 people, The City Different is Number 2 on the list of Best Small Cities in the U.S. (after Charleston, S.C.). Inn of the Five […]

Continue Reading ·

Tumbleweeds, Beloved Community Resource, on the Market

Tumbleweeds, an early and mid-childhood development magazine loved by parents and educators, is now on the market. Long-time owner Claudette Sutton is ready to move onto her next projects after decades of growing the publication into a staple resource for northern New Mexico families. Listed at $95,000 with a cash flow of $50,000, this home-based […]

Continue Reading ·