BusinessExits commented on the following stories on BizSugar
Is Buying a Business in Debt Worth the Risk?
"Almost every business is in debt! At any given point in time the chances are that the business owes somebody money, even if it's just the owner's salary that the business is going to be paying at the END of the month. I was hoping the article would cover the different kinds of debt and discuss 'good' debt vs bad debt. It didn't. Debt has other interesting uses - they could have touched on seller financing, for example, given this is an article about buying businesses. Also, I believe their stats - share sales constituting less than 5% of businesses being sold and asset sales being over 95%) - are way, way out. It's a shame there wasn't a link to support the claim."How to Create an Operations Manual for Your Business (and Avoid Nuclear War)
"Excellent article, thanks. There is another advantage to having an Operations Manual - it adds value to your business. When/if you ever take your business to market, the existence of the OM will add confidence for buyers/investors ... as it helps with due diligence and suggests a smoother transition for the business post-sale."Private Equity: The 3 Myths You Should Avoid Like The Plague
"One of the biggest myths is that private equity has money. While some PE firms are funded, yes, many are time wasters who don't have the liquidity. They chase deal flow but go desparately trying to raise finance only AFTER agreeing deals. Sometimes that works, but even when it does, funders often throw a spanner in the works and demand extra protections or require the price to be renegotiated. "« previous12 next »
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Rise Of The Rent Seeker : How The Subscription Economy Hurts Innovation, Startups & Entrepreneurs
"I carefully avoid all subscription services/software if there's a competitor who charges a one-off payment. "