United Virtual OfficeUnited Virtual Office » answering service http://blog.unitedvirtualoffice.com Wed, 13 Jul 2016 06:29:14 +0000 en-US hourly 1 http://wordpress.org/?v=3.5 The Art of Buying a Business http://blog.unitedvirtualoffice.com/index.php/2010/07/08/the-art-of-buying-a-business/ http://blog.unitedvirtualoffice.com/index.php/2010/07/08/the-art-of-buying-a-business/#comments Thu, 08 Jul 2010 10:45:44 +0000 Jim http://blog.unitedvirtualoffice.com/?p=256 Read More...]]> Most first time business buyers look for opportunities in an industry or marketin which they already have some operational knowledge. A first time businessowner usually becomes the chief executive of the acquired firm and it requires thenew owner to manage the day to day business operations. The ideal business foracquisition are firms that have a strong track record (say 10 years or more) ofsteady and rising cash flows.

The business you plan to acquire should ideally be in a fragmented market wherethere is no dominant market leader. This will offer you the ability to develop asustainable advantage within your own regional or targeted market segments.

First time business buyer can identify and evaluate both opportunistic deals as wellas geographical/industry focused opportunities. For getting useful information on thetopic, visit http://www.gaebler.com/The-Art-Of-Buying-A-Business.htm

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About Jim Jacques

Jim Jacques is the President of United Virtual Office, a leading nationwide provider of virtual offices for entrepreneurs, startups and small businesses. A virtual office includes an address at a prestigious business location in the US, live virtual receptionist, courier services and more. Google +

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