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Seven things I wish I knew before buying into a franchise

Buying a franchise can seem like an easy way to get into business, but there are pitfalls. Phil Blain, a franchise consultant at business advisers BDC, says that along with getting advice from an accountant and a lawyer, potential franchisees should ring existing members of the franchise and ask if they’re getting all the support […]

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How to buy a small business

Buying an existing small business can be easier than setting up a new business from scratch. But the process can be daunting, especially if you’ve never been in business before. The main reason most people buy a small business rather than starting one is for the established infrastructure and ongoing cash flow. People buy franchises […]

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Four important hints for purchasing business

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