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When to Get In & When to Get Out

One of the greatest things about being an entrepreneur is that there are so many different methods of owning a business. You are not required to start a business from scratch. In this course, you will learn about other methods of being an entrepreneur.

Buying & Selling Businesses focuses on how to use a business broker to purchase an existing business, other business opportunities - such as franchises, and how to sell a business that you may already own. Selling your business is the ultimate payoff for being an entrepreneur.

You will learn:

  • How to evaluate businesses for sale to find an under-valued business.
  • Methods to build a business to increase revenue and value.
  • Rules of franchising.
  • Determining a fair price for the sale of your business.

If you want to find other methods of owning a business without starting from the ground up, this course will give you that information and provide those alternatives. Since part of the class focuses on taking a business that is not performing at its peak and turning it around, you will also want to come to find ways to improve a business that you already own.

Learning Objectives:

  • Identify the basic principles a business must address to succeed in a market place.
  • Define the life cycle of a business will be presented with the changing needs a business owner must address during each life cycle.
  • Understand the factors used to evaluate the asset and intrinsic values of an existing business.
  • How to decide to buy, sell, or expand a business based on the financial analysis of an existing business.
  • Show models of how an active business is priced at the time of sale.
  • Using Business Brokers.
  • Internal business expansion methods to determine if your business is fully using its existing resources.
  • Identify vertical business expansions and changes to supply and delivery into your market reach into new areas.
  • Franchising as a business model and opportunity.
  • Funding the startup, operation, and expansion of a business including the changes in business funding during the life cycle of a business.
  • Federal, State and Local taxes you need to be aware of as you operate your business.

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