From Drew Greenblatt’s latest column in Inc. magazine about three things to watch in shopping for an existing business:
I’ve written frequently in this column about what to look out for when running a small business. What about what to look out for when buying the business in the first place? When we were shopping to buy a company in the mid-1990s, before we found Marlin Steel, three challenges cropped up repeatedly. I'll get to other two in a minute, but the biggest problem was one I called "the Boca Raton problem." Read more ...