How to Buy a Small Business for Sale

"What is a Small Business?
Although the term is somewhat malleable depending upon where you live, a "small business" is generally considered to be one that is privately owned and operated - that is, not a public company listed on any sort of stock exchange - with fewer than 100 employees (or fewer than 50 in the European Union). The U.S. government further defines an enterprise as a small business based upon annual sales, but this will vary by category and only comes into play in order to qualify for small-business set-asides when bidding on government jobs.

Buying a Small Business for Sale
Businesses for sale are all around us. This could include the dry cleaner’s shop where the owner wants to retire, the corner restaurant whose owners are interested in buying a bigger place downtown, or the mobile dog-cleaning service with a proprietor who’s tired of driving all over the city. There are a number of factors to consider when buying a small business, and plenty of questions to ask once you have settled on a couple of possibilities. Learn as much as you can before taking the big leap. "

Read more at:

http://www.globalbx.com/newsletter/newsletter_121113.asp

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.