Buyer Articles

Unlocking Your Potential Through Business Ownership

By Patriot M&A / October 5, 2024 / Comments Off on Unlocking Your Potential Through Business Ownership

As a business owner, you gain freedom and the potential to earn more than you might otherwise earn. If you are ready to tackle the hard work involved in business ownership, you may be prepared to take the next step. Two main advantages to being a business owner include forging ahead with more freedom and…

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Strategic Negotiation: Essential Tactics for Deal Success

By Patriot M&A / August 3, 2024 / Comments Off on Strategic Negotiation: Essential Tactics for Deal Success

Negotiation can evoke a range of feelings: some people thrive on it, others dread it, and many fall somewhere in between. Regardless of your stance, the ultimate goal remains the same: to emerge successfully from the negotiation. Mastering effective negotiation methods and tactics can give you an edge where others might falter. The objective is…

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Why Business Brokerage Professionals Use Term Sheets

By Patriot M&A / July 27, 2024 / Comments Off on Why Business Brokerage Professionals Use Term Sheets

Term sheets are invaluable in that they can serve as a point of orientation during negotiations. Thanks to term sheets it is possible to keep everyone involved, focused and on target.  What is a Term Sheet?  These nonbinding agreements detail the basic terms and conditions of a deal. It is different from a legally binding…

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Navigating Due Diligence: Essential Steps for Successful Business Transactions

By Patriot M&A / June 29, 2024 / Comments Off on Navigating Due Diligence: Essential Steps for Successful Business Transactions

There is no denying the satisfaction that comes with obtaining a signed letter of intent from both the buyer and seller. However, it’s crucial to recognize that due diligence has yet to be completed. No deal is final until the seller undergoes this process and commits to proceeding. In Stanley Foster Reed’s insightful book, The…

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Why Should You Buy an Established Business?

By Patriot M&A / April 20, 2024 / Comments Off on Why Should You Buy an Established Business?

A pre-existing business is a proven commodity. A new business, regardless of how great your idea may be, will always have a future that is uncertain. You can hire many consultants and plan meticulously. Yet, even with the best ideas and most experienced consultants, your newly minted business could still quickly fail. A business with…

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How Business Owners Can Leverage AI

By Patriot M&A / March 23, 2024 / Comments Off on How Business Owners Can Leverage AI

Artificial Intelligence has certainly received more than a bit of attention in the last two years. It’s no wonder that many business owners wonder how best to use this tool to gain an edge over the competition. Currently, the cost of ChatGPT-4 is only $20 per month, which is a very nominal cost considering its…

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Discovering How to Leverage SBA Lending Options

By Patriot M&A / December 9, 2023 / Comments Off on Discovering How to Leverage SBA Lending Options

For most entrepreneurs, finding the money to launch their first business stands as a tremendous challenge. The good news is that getting a loan through the Small Business Association (SBA) is turning out to be a viable option for many business owners. The SBA doesn’t directly provide loans itself, but instead, works to facilitate lending.…

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Key Steps for All First Time Buyers

By Patriot M&A / November 11, 2023 / Comments Off on Key Steps for All First Time Buyers

Are you a first-time business buyer? If so, it is critical that you work with a business broker or M&A advisor. If you’ve never purchased a business before, you simply can’t anticipate all that is involved in buying a business.  Buying a business is vastly different than buying a home, which is typically the largest…

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Four Questions to Ask Yourself Before Purchasing a Business

By Patriot M&A / August 18, 2023 / Comments Off on Four Questions to Ask Yourself Before Purchasing a Business

Truly understanding a business is much like understanding the condition of a car. It is necessary for a skilled mechanic to “pop the hood” to access the true condition of a car. In much the same way, you and your team of experts need to “pop the hood” of the business in order to understand…

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How Leases Factor into Business Sales

By Patriot M&A / March 29, 2023 / Comments Off on How Leases Factor into Business Sales

If you’re planning to buy or sell a business that involves a lease, this can lead to an extra level of complication. Oftentimes, such as in the case of a restaurant or retail establishment, the location is essential to the success of the business itself. That means that if you’re buying a business, you’ll have…

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