Tomorrow I have a podcast interview with Mike Colwell on my BlogTalkRadio channel page. Mike is the Executive Director of the Des Moines Partnership’s new business accelerator, BIZ. The live interview is scheduled for 4:00 p.m. and will be also be available in podcast format on this blog.
Hope you will listen. If you
If you are looking at a franchise opportunity you should read this article from Barry Kurtz on Digging into Franchises: The Due Diligence Minefield. His proposed Legal Due Diligence Checklist within the article is a must read.
The due diligence process is important when buying a franchise (or any business). Kurtz’s article deals more
Thanks to Small Biz Survival blog I saw an excellent article from Entrepreneur.com entitled 75 Secrets to Startup. A portion of the article discusses whether to form a corporation or not. It also includes information on where to form your corporation. Many Web site articles and companies will tout Delaware or Nevada corporations. But
Rush on Business Podcast No. 4 is an interview with Joe Cooney of Frannet. Joe is a franchise coach in the Iowa / Nebraska region. Joe and I discussed several basics of buying a franchise including:
On Friday afternoon, March 2, at 4:30 p.m., I am interviewing Joe Cooney of Frannet on my BlogTalkRadio Host Channel. You can listen live or catch it later as a podcast available on this blog or BlogTalkRadio. You can even call the program if you would like to ask a question. The call-in number
Rush on Business Podcast No. 3 is an interview with Adam Steen of Transition Capital Management of West Des Moines, Iowa. Transition Capital Management recently started the Society of Entrepreneurial Minded Executives (SEMEE) event in Des Moines. I attended the last SEMEE event and believe it offers tremendous opportunities for growth companies to network with
The Greater Des Moines Partnership has started a new business accelerator called BIZ – the Business Innovation Zone. Michael Colwell, a marketing professional with experience in product development has been selected as the executive director. BIZ is expected to start up at the end of this month.
The business accelerator has been funded through
Rush on Business Podcast No. 2 is an interview with Matthew Ashburn of Sunbelt Business Brokers with offices in Ankeny and Cedar Rapids, Iowa. Matt is a professional business broker with Sunbelt. He is 1 of only 2 brokers in Iowa designated by the International Business Brokers Association as a Certified Business Intermediary.
Listen to
Generally, the easiest way for a buyer to purchase a business is through an Asset Purchase Agreement. The buyer is not actually purchasing the business itself. One commentator has described it has buying the seller’s merchandise without buying the store.
Buyers tend to favor asset purchases for several reasons. First, the buyer obtains the
If you are selling your business you should not divulge trade secrets and confidential business information without a signed confidentiality agreement. The theft of trade secrets is an increasingly litigated issue. In the business sale context this often happens when negotiations break down and the potential buyer decides they can start their own business.
