New Haven Legal Blog

$800,000 Will Buy You a Whole Town

26
October
2014

If you have $800,000 just lying around, you could find yourself the owner of a whole town. That’s right, a town. If you’ve never heard of Johnsonville, Connecticut, don’t be too surprised. It has essentially been a ghost town since 1994, but before that, it had been everything from a movie set, to a textile […]

Posted in Buy a Business |

How Do I Know When to Sell My Business?

19
October
2014

In this blog, we have talked about many of the different aspects around selling a business, such as how to get started, good first steps to take, where to start looking for buyers, etc. One very important question we have not covered yet is knowing when to sell your business. Timing can be crucially important, […]

Posted in Sale of Business |

Why Buy a Business Instead of Starting My Own?

12
October
2014

For most individuals, the dream of forming and running a successful business from the ground up is a life-long dream. However, just like many dreams, it can be immensely difficult, even impossible, to accomplish. In business, as in many things, it is often much, much easier to come in after all the hard ground work […]

Posted in Business Formation, Buy a Business |

Selling My Business: How Focused Should I Be on Profitability?

05
October
2014

When you’ve made the decision to sell your business, there are quite a few things that need to be done in order to maximize your selling price. Most of them revolve around making the decision as easy as possible for your prospective buyer, and chief among those is making your business look as profitable as […]

Posted in Sale of Business |