Blog
Richard Parker's blog also appears on Bizquest.com. When you click on any article, you will get access to the complete original posting.
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01/04/09 Dealing With Risk When Buying A Business
I hope you and your families enjoyed a nice holiday season. In my last article prior to the end of the year, I mentioned being relieved to say goodbye to 2008 for a number of reasons. The holidays truly allowed... |
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12/21/08 What A Year and What A Future For Buying A Business
I may be one of the most optimistic people you ever meet, but I must admit, I am glad 2008 is coming to an end. From strictly a personal perspective, my family has dealt with too many difficult health issues... |
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12/14/08 The Auto Bailout Executives and Business Buyers
As I watched the CEOs from the Big Three automakers get grilled in Congress, I couldn't help but marvel how much they had in common with the typical business buyer (I'll get to that in a minute). These so-called top... |
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12/07/08 Once You Buy A Business ? What's Next?
One of the biggest issues that business buyers overlook is what happens after they complete a purchase. Quite often, buyers get so wrapped up in the sale that they forget they will soon have to run the business. There are... |
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11/16/08 Due Diligence When Buying a Business
Many people misunderstand the true meaning of due diligence. To the misinformed, it is the time when a buyer can check out a company's financials. However, it goes way beyond that. It is the stage of the business-buying process when... |
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11/10/08 If Barack Obama Can Be President Then Surely You Can Buy A Business
I want to thank everyone again for all of your kind wishes regarding last week's column. Election Day was incredibly inspiring for my daughter and me. When the people in line at the polling station learned it was our first... |
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11/02/08 Forget The Economy and Be Thankful You Live Here
January 23, 2007 was the fifth best day of my life, preceded only by the births of my four children. That was the day I became an American citizen. The single biggest reason I decided to renounce my Canadian citizenship,... |
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10/26/08 Dealing With Leases When Buying A Business
I received an excellent question recently regarding business leases. While this component to buying a business can entail a wide array of issues, I want to cover off the most common questions that come up. Taking Over a Lease Versus... |
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10/19/08 Risk - How Relative Is It and Relative to What?
I am in Montreal, Canada attending a family function. I ran into an old acquaintance who I have not seen since elementary school. He was, and still is, a very smart person, at least acedemically. Turns out he is a... |
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10/12/08 Dealing With Partners When Buying A Business
Years ago, in one of the first businesses I purchased, there were two owners. I initially met the managing partner and he told me from the onset that he made ?all the decisions?. Allegedly, the other owner was strictly a... |


