Posts

Showing posts with the label buying a business

Melvin Feller MA Illustrates How You Can Buy Any Business During Any Economic Cycle!

Image
Melvin Feller Discusses Starting Your Business. According to Melvin Feller Business Group, if you’re thinking about running your own business, especially in buying a company that’s already established may be a lot less work than starting from scratch. However, you will need to put time and effort into finding the business that’s right for you. This article was written by Melvin Feller in order to take you through the steps of buying an existing business, including how to assess and value a business, your obligations to any existing staff and where you can get professional help. Actually, there are advantages and disadvantages of buying an existing business and If you get it right, there can be many good reasons why buying an existing business could be the right move for you. Remember though, that you will be taking on the legacy of the business’ previous owner, and need to be aware of every aspect of the business you’re about to buy. Advantages: ...