March 2023

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Oak Brook, IL 60523

Month: March 2023

Blog

10 Red Flags When Buying a Business

Purchasing a business offers the advantage of not having to build a company from the ground. A business acquisition gives the new owner the capacity to operate from day one and have more probability of immediately receiving profit. Before buying..

How to buy a restaurant

Buying a restaurant comes with several advantages. By purchasing an existing food business you will have access to its equipment, existing brand recognition, and built-in customer base, which may translate into an immediate profit. However, purchasing a restaurant also comes..
Buying a business involves a lot of risks that need to be analyzed before moving forward in the deal. To properly assess all the aspects of a business purchase you should conduct commercial due diligence, but before entering deeper..

Earnout payments

Reaching an agreement on the purchase price can be one of the most difficult aspects of a business transaction, as it requires strong negotiation skills from both parties.  When there seems to be no consensus about..

What is a PLLC?

A professional limited liability company, or PLLC, is a kind of business structure that offers personal asset protection to a group of licensed professionals whose business provides the same type of services.