There is a common misconception that you need to be “rich” or “well-off” in order to purchase a business. While it certainly helps to have a strong financial foundation, there are a multitude of financing options available to a budding entrepreneur to help them achieve their goals. We’ll discuss 4 different financing options that you […]
For most people, a house is the biggest purchase they will ever make. But for those with a penchant for entrepreneurship, purchasing a business can be an even greater investment. If you are interested in how you can get started, read another article we wrote on how to purchase a business . In addition to being […]
Owning your own business is often associated with “The American Dream.” The possibilities are endless, our economy is suited for small business, and as a business owner you have the freedom in your work that many only ever get to dream of. In this blog, though, the discussion is geared towards purchasing a business rather […]
Purchasing a business can be a daunting task. That’s because a business has many moving parts and operations in place that you will have to be expected to manage once you become the new owner. It can be very intimidating. But if you take a look at our blog on the pros and cons of […]
If you lived in Florida in September of 2017, you probably remember Hurricane Irma. The hurricane was immensely destructive, killing nearly 100 people and causing over tens of billions of dollars in property damage. It’s September again and our hurricane season does not end until November 30th. With that in mind, it’s important to know […]
Over the past several months, the coronavirus outbreak has infected millions of people around the world and impacted nearly everybody. We have all had to adjust to this (temporary) new normal in order to keep ourselves and others safe. The real estate industry has had to adjust to the changes, as well. Quite possibly the […]
In today’s market, buying makes sense from a borrowing standpoint, as the cost of money is extremely cheap. A strong borrower can get an interest rate of under 3%. With this in mind, how can a potential buyer know if they are a strong borrower? And what options are available to them when applying for […]
The COVID-19 pandemic has disrupted most phases of life across the globe, including the selling and buying of businesses. Unfortunately, a significant number of small businesses won’t or already have not survived COVID-19 despite the efforts of the Federal, state, and local governments to keep them afloat. While many businesses are unaffected or have even […]
This is a question you may have asked yourself recently, especially with interest rates being at record lows. Before we get into it, let’s go over some basics. When you purchase real estate (such as a home, a commercial property, or even a business), unless you pay the total purchase price in cash, you will […]
Should you buy or rent your home? This age old question has spurred debate among friends and families for the past couple decades. But this is a hot topic now more than ever with the average American buying their first home much later in life compared to even a decade ago. Bogged down by student […]