Buying a Business: What to Consider

"Why buy a business?

John Rickard, chief executive of business broker Barrington Corporate Services, says before a business makes an acquisition the owners have to consider the sort of benefits they would gain from making the purchase.

The benefits can come from access to a larger customer base, or from acquiring a new product line or service to sell to existing customers. There are also economies of scale or synergistic benefits – the cost savings that can arise by putting two businesses together, says Rickard."

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Buying a business: what to consider

For additional information regarding Florida business sales, acquisitions and valuations, please contact Eric J. Gall at info@buysellflbiz.com or 239.738.6227. Also, visit our Florida Business Exchange website at www.fbxbrokers.com and my personal website at www.buysellflbiz.com.