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...)
Giving Away Information
Businesses really have only two choices: they can grow (through formation or purchases) or go away (mostly by sale). Those are the two things I spoke about during a recent Lunch and Learn presented for the West Des Moines Chamber of Commerce. If you would like to access the PowerPoint I used, click... (Continue reading...)
Buying and Selling a Business- A Lunch & Learn Event
Buying and/or selling a business requires many considerations. For example, you may find yourself wondering: How to identify the right opportunity as a buyer or a seller; What pitfalls might lurk in the existing economy; How will the pricing and the structuring of the transaction work; What’s the... (Continue reading...)
Buying a Business, Essential Qualities: Commitment
This blog is part of a series of blogs on buying a business. We are first exploring the qualities you need when deciding to whether or not you are should buy a business. I encourage you to go back and read the previous blogs. This week we are discussing access to commitment. Commitment. The one... (Continue reading...)
Buying a Business: Essential Qualities, Expansion of Products and Services
In the 30 +/- years of since I began practicing law, I have worked on hundreds of sales and purchases of businesses. This is the second chapter in a series of blogs wherein I will share my observations and experiences. I encourage you to go back and read this blog series from the beginning. The second... (Continue reading...)
Buying a Business: Essential Qualities
In the 30 +/- years of since I began practicing law, I have worked on hundreds of sales and purchases of businesses. This is the first in a series of blogs wherein I will share my observations and experiences. There are several “qualities” which are common to Buyers in successful sales/purchases... (Continue reading...)
BE PREPARED: CUT YOUR LEGAL FEES WHEN STARTING A BUSINESS
The client who comes prepared for meetings with their attorney save significant amounts on their legal fees. This is because the attorney can work much more efficiently to address your needs. The nature of the preparation is dependent on the type of matter involved, but, at the very least, you should... (Continue reading...)
