Author: Roscoe

In general there are two ways to take over an existing business. You can either work you way into a good business, or paper out a bad business. Since papering out a bad business falls under the other category of the typical leveraged buyout, or more accurately an LBO of a distressed company, I will address the first way.

There has never been more buzz surrounding local businesses and I will explain why. First of all it is still an ugly climate and a bad recession so many main street businesses are failing and empty storefronts are popping up more than usual. However, the ones that are surviving are surviving for a reason…

Here is where you get an insider’s look at buying a business. There is no other resource you will find which will share this level of detail on exactly how to go about finding, financing and completing a deal to buy a...