Raising Capital for Your Business
To successfully raise capital, you must be prepared to do so, recognize the sources of capital, be aware of the costs of the funds, be in compliance with securities laws, and have a back end strategy. Be Prepared: One thing investors want to make sure of is that they are going to get their investment... (Continue reading...)
The Dynasty Family Business – Part One
Ultimately, there are only three things you can do with your business: you can close it (which might lead to bankruptcy), you can sell it to a stranger, or you can keep it in your family. This article will explore how a business can be passed from one generation to the next – the Dynasty Family... (Continue reading...)
What You Need to Know Before Purchasing a Franchise
Why a consider purchasing a franchise Proven business model Market recognition Advertising strength Might be easier to finance A “Franchise” is an oral or written agreement, either express or implied, which provides all of the following[1]: Grants the right to distribute goods... (Continue reading...)
Getting What You Pay For When Buying a Restaurant-Part Two
Last week, we answered a couple questions about what happens to food and liquor inventory during the sale of a restaurant. Our clients have also inquired as to whether the licenses from the health inspectors or alcoholic beverages division can be transferred to the new owner of the restaurant. FOOD/HEALTH... (Continue reading...)
Getting What You Pay For When Buying a Restaurant-Part One
Many times we have clients who come in for assistance in purchasing an existing restaurant. Typically the scenario is that Bill Buyer (B) is planning to buy a restaurant from Owen Owner (O). B wonders if he can buy any of the liquor or food inventory that O has in stock. He also wonders if any of... (Continue reading...)
