We're big fans of spreading the love when it comes to arming business owners with useful information. We do this at Allan Taylor not only by creating original content on our blog, but also by sharing great articles about M&A and business valuation written by...
Category: Buyers
What “Buy This Restaurant” Can and Can’t Teach You About Buying a Business
When it comes to TV entertainment for business brokers there are precious few shows that people like me can really sink our teeth into. I watch ABC's Shark Tank for the same reasons most people do, namely to laugh at the ridiculous valuations and live vicariously...
Using Your 401(k) to Buy a Small Business
Last week’s post at Transaction, my New York Times blog, looked at an increasingly popular way to finance the purchase of a small business: rolling over funds from your 401(k). Business brokers see buyers use this financing alternative all the time yet it is still a relatively little-known option, even within the financial services community.
Why buy an existing business?
One of my first posts at the New York Times was titled “Buying a Business Instead of Starting One.” I illustrated the reasons for buying an existing business by telling the story of a business owner named Sam. At the end of the post, Sam is revealed to be none other than Sam Walton — founder of Walmart Stores, Inc. — who bought a Ben Franklin variety store in 1945 and turned it into the world’s largest retailer.