Hartford Business Brokers - God Bless America
“Lord Knows in These Times We Need His/Her Help

How To Purchase a Business

Submitted byHTFDBUS onFri, 02/09/2024 - 10:30

When a potential buyer contacts us we generally start off the conversation by asking the question "Why do you want to buy a business"? These are generally the 3-4 responses we receive.They range from it that time in your life when you don't want to work for someone else and have the desire is there to purchase a business. Or you are in between jobs, or seeking a career change. Or you have been out of college for a couple of years and its that time to go into your own business.

Valuing a Business

Submitted byHTFDBUS onFri, 02/09/2024 - 10:30

It's an accounting fact of life that valuing a business is often the most challenging and difficult part of the process of selling or buying a business. You shouldn't try to do this on your own but rather consult with a Business Broker or CPA. You want to tap into their expertise.

Business Articles

Submitted byHTFDBUS onFri, 02/09/2024 - 09:01

With the IRS Tax Law changes that were passed by Congress, probably one of the most important steps you will take. Whether your going to purchase or start a business - you are immediately confronted with what should the legal form of ownership for your new business be, in other words should you be a sole proprietor, LLC, LLP, S Corp or C Corp. You should get out in front of this long before you purchase or start your business.

When Purchasing a Business – Should You Form an LLC or an “S” Corporation?

Submitted byHTFDBUS onFri, 02/10/2023 - 10:30

With tax law changes, probably the most important step you will take is this. Whether your going to purchase or start a business - you are immediately confronted with what should the legal form of ownership for your new business be, in other words should you be a sole proprietor, LLC, LLP, S Corp or C Corp. You should get out in front of this long before you purchase or start your business.