Archive by Author

Why Buy an Existing Business?

In the last post we shared this reality: Data from U.S. Small Business Administration shows the majority of start-ups go out of business within 5 years. Usually we hear around 80%. If you aren’t sure about taking on such risk, let’s look at another option. Buying an existing business. What are some advantages to buying […]

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Starting A Business?

You’ve decided you want to run your own business and start from the ground up. On your way to becoming a small business owner, there are some questions to ask yourself in the planning phase. Seems simple but each needs to be thought out in detail. Ask yourself: 1. What kind of business? What products/services […]

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Enterpreneurship 101 – What to Ask Yourself Before Starting a Small Business

So, you like the idea of being the boss. You work hard and want to reap the benefits of that hard work. You know you can be successful. But how do you do it? We’ve been in your shoes. And there are a lot of questions to ask yourself upfront before starting a small business […]

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Birmingham Restaurant Business for Sale

Location! Location! Location! Location: Birmingham, Alabama Financial Information Asking: $75,000 Gross: $265,000 Cash Flow: Not Disclosed Inventory: $1000 (not included in price) Seller Financing: negotiable Summary Description Great Opportunity in a Terrific Location! If you want a restaurant in a high income suburb with a terrific high traffic location then this is the one for […]

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A Little Perspective from the Waiting Room

Fletcher had disk surgery about a month ago. With less than 48 hours to process the fact that surgery was the only option and it needed to be done quickly, we also had to get business affairs situated and four kids organized. The first time I really had time to take a minute and think […]

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Selling Your Business? Why Should You Hire a Business Broker?

When looking to sell your business, there is a service provider available to you who can play a vital role in the selling process. A business broker. But why should you hire a business broker instead of selling the business yourself, or instead of using an accountant or a lawyer? Simply put, the main reason […]

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Client Testimonial from Tracy Slaughter Owner, Chi Rho Yoga, LLC Mountain Brook, Alabama

Fletcher Brown of Brown Business Brokers was invaluable to me when I was starting my first small business, a yoga studio.  I was looking for rental space for the studio and Fletcher went above and beyond the call of duty in helping me to locate just the right spot.  Prior to committing to the space, […]

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What Is a Business Broker?

When asked what I do for a living, oftentimes people don’t fully understand what it means to be a “business broker.” They may relate it to some general real estate or business concepts, but they don’t have a full grasp of what a business broker is – so let me help define it: Put simply, […]

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