Often, new entrepreneurs struggle with the decision between purchasing a business or launching a new one. This can be a difficult decision because purchasing a business has advantages and disadvantages, which we will go over below. Advantages of Purchasing a Business Most of the time, purchasing a business is a much safer decision than trying […]
The Advantages and Disadvantages of Buying an Existing Business Read More »
When it comes to financing a business acquisition, small business buyers face a challenge. In this article, we’ll take a look at five common ways to finance a business acquisition. First, though, we’re going to look at how much money you need to buy a business. How Much Do You Need? The amount needed to
Common Ways to Finance a Business Acquisition Read More »
Most business owners find out that it is not possible to thrive in the modern marketplace with cash-only sales. Customers are more likely to purchase your goods and services if you offer credit terms. Here are some of the advantages and disadvantages of providing trade credit to your customers. Increase Sales The primary reason that
Trade Credit: The Pros and Cons Read More »
Rental properties are a big business in the U. S. According to the Census Bureau, there are about 20 million rental properties, with individual investors owning over 71 percent of them. While rental properties can produce some attractive income. They can also complicate your tax filing. Plus, taxes can make a big difference between generating
Types of Taxes on Rental Properties Read More »
