Hartford Business Brokers -Farmington
Business Broker Professionals

Business Articles

Buying a Business - Steps

Submitted by Bumper on Fri, 08/25/2023 - 09:00

Prospective buyers will call or email us about buying a business. We generally start off the conversation by asking couple of basic questions  "Why do you want to but 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 by Bumper on Fri, 08/25/2023 - 09:00

What determines what your business is worth? Valuing a business is often times very challenging - It's a 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. 

Tax Law Changes - Purchasing a Business – Should You Form an LLC or an “S” Corporation?

Submitted by Bumper on Fri, 08/25/2023 - 09:00

In 2018 Federal Tax Law changes impacted your choice of company organization. Probably the most important step. 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.

Recent Articles