Multimedia Resources

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Review some of the advantages of buying an existing business.

LO 6.1: Compare the advantages and disadvantages of buying an existing business.

Here are useful tips for finding a business that is up for sale.

LO 6.2: Propose ways of locating a suitable business for sale.

Review ideas and items to consider for preparing to sell a business.

LO 6.3: Explain how to measure the condition of a business and determine why it might be offered for sale.

Review some strategies that can be used to value assets.

LO 6.4: Differentiate between tangible and intangible assets, and assess the value of each.

Here are some of the things that make a family business unique.

LO 6.7: Describe what makes a family business different from other types of businesses.

Small Business Management: Creating a Sustainable Competitive Advantage