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Tom West


Recent Articles about Tom West

How do I deal with potential hidden liabilities in a business that's for sale?

Buying a Business mentor Tom West responds to the following question from an inc.com user: I've found a business I'm really inte...  Read more

Is the asking price right?

Buying a Business mentor Tom West responds to the following question from an inc.com user: My partner and I are looking to buy a...  Read more

How do we propose an owner financing plan to a business owner?

An inc.com user asks: We're a young couple, and there's a business we're interested in buying. We've secured some family loans,...  Read more

How do I sell my professional service firm?

Buying a Business or Franchise mentor Tom West responds to the following question from an inc.com user: I own a law firm, and I ...  Read more

Can I Afford My Next Acquisition?

Advice for a cash-strapped entrepreneur who needs money to complete an acquisition  Read more

How do I value a sporting goods store?

Buying a Business mentor Tom West reponds to the following question from an inc.com user: How do you value a sporting goods stor...  Read more

Network: March 1991

Network resources.  Read more

Should I use a business broker?

Inc.com's Buying a Business mentor Tom West responds: I'm a business broker, so I can't be 100% objective about this question. But,...  Read more

Selling a Business

The Ultimate Valuation Guide If you're thinking of selling a business, you need to know what it's worth. If you're no...  Read more

Selling a Business

The Ultimate Valuation Guide If you're thinking of selling a business, you need to know what it's worth. If you're...  Read more

Selling a Business

The Ultimate Valuation Guide If you're thinking of selling a business, you need to know what it's worth. If you're...  Read more

Selling a Business

The Ultimate Valuation Guide If you're thinking of selling a business, you need to know what it's worth. If you're...  Read more

Red Flags in Choosing a Business Broker

When selecting a broker to sell your business, be suspicious if: The broker wants a significant or total fee paid upfront. Many b...  Read more

How does the business valuation process work?

Buying a Business mentor Tom West responds to the above question from an inc.com user: Here's the deal: If you're considering buyin...  Read more

Priced to Sell

With all of the valuation methods out there, you'd think calculating a selling price for you business would be easy. Just sit down with your financial sta...  Read more

Pursuing the American Dream - Literally

Business for sale: A website in Washington State that sells sleep products, priced at $1.8 million  Read more

Sails and Services

Business for sale: A Cape Cod marina for $9.15 million.  Read more

Business For Sale: A Foam-based Business

A Southern California fire-safety company for $8.5 million  Read more

Questions to Ask a Business Broker

Use these questions to find a competent and successful business broker. What is your background/experience? "It takes time and exp...  Read more

Ready to Work on Your Long Game?

For sale: A golf course in Hawaii for $3.95 million  Read more

Valuation Method Examples

Note: The following examples and supporting information has been excerpted from the 13th edition of Tom West's book the 2003 Business Referen...  Read more

More to It Than Numbers

Business owners seek business valuations for many different reasons -- partner buyouts, divorces, estate planning, death of a partner, and, as Randall Lan...  Read more

When Technology Fails

If your business depends on computers, servers, and/or other technology, you may want to investigate a service contract or have some other back up plan in pl...  Read more

For Sale: The American Dream

Need help selling your company? Lots of folks out there claim they can help you get the most for your business. Don't believe everything you hear.  Read more

Six Ways to Position Your Company for Success

What do you think the most important trend affecting small business will be? How best can owners position their companies to take advantage of it? We pose...  Read more

Finding the Right Business Broker

W. Stewart Blackburn didn't hire a business broker to sell the businesses he owned with his wife, Suzanne, until he found someone entirely devoted to the ...  Read more

How I Did It: George Naddaff

From Spit 'n' Shine Boy To Boston Chicken and Beyond.  Read more