Jan 31, 2016 · Attorney Tanya Nebo: How to buy an existing business and build a corporate empire (65:20) Dr Boyce Watkins Financial Q&A - 7/23/16 (96:04) Black people doing it: Special guests on economic empowerment ... How to expand your business when you're short on cash (9:20) What they don't tell you about running a business (6:18) ...
Tanya is a sharp, skilled, and savvy attorney whose knowledge of business law is unparalleled. She thinks outside of the box and implements custom tailed strategies to meet and exceed her client's expectations. Alexia Niketas, Business Attorney on Oct 24, 2013. Relationship: Fellow lawyer in community.
Buying an existing business is a great way to become a business owner without starting from scratch. An established business comes with existing customers, documented revenues, and business assets. ... Buy an existing franchise. Buy a service-based business. Buy an existing store. ... Tanya Ireti Nebo Clients’ Choice Award 2020.
I am both a business broker and an attorney. My aim is to be a comprehensive resource for those who buy, sell and operate small businesses and franchises. My law practice, real estate agent and business brokerage services focus on commercial real estate, franchising and general business matters (including joint ventures and equity participation ...
Buying an existing business is a great way to become a business owner without starting from scratch. An established business comes with existing customers, documented revenues, and business assets. You’ll still have to do the work of being an entrepreneur, but you won’t have to create and build everything from zero.
It is important that you be confident as you move through the transaction and have a competent ally to help you protect your interests. As the saying goes, you don’t know what you don’t know.
The main difference between franchising and buying an existing business is the level of control you’ll have over your business.
A franchise is a business model where one business owner (the “franchisor”) sells the rights to their business logo, name, and model to an independent entrepreneur (the “franchisee”). Restaurants, hotels, and service-oriented businesses are commonly franchised. Two common forms of franchising are:
Business format franchising : The franchisor and franchisee have an ongoing relationship. This style of franchising normally focuses on full-spectrum business management.
Typically, the franchisor offers services like site selection, training, product supply, marketing plans, and even help getting funding. When you buy a franchise, you get the right to use the name, logo, and products of a larger brand. You’ll also get to benefit from brand recognition, promotions, and marketing.
Find out which federal, state, and local permits and licenses you'll need to run your business. Zoning requirements : Zoning requirements may affect your business.
Zoning requirements : Zoning requirements may affect your business. Make sure your business follows all the basic zoning laws in your area. Environmental concerns : If you're buying real property along with the business, it's important to check the environmental regulations in the area.
The buyer typically takes over full ownership of the business. The largest advantage is having an existing blueprint that can include important factors like an established customer base, defined operating expenses, and fully trained employees.