JohnM

Dan Lemmer sent me Berkshire Hathaway's (Warren Buffett's company) acquisition criteria from their annual report. While buyers of small to mid-sized businesses don't have the…

My previous rule alluded to the fact that when you see where you can add value (vs. playing the, “I’ll know it when I see…

Smart business buyers know what they’re looking for. This isn’t like going clothes shopping and seeing that “just right” shirt, dress, pair of shoes, etc.…

If cash is king they the queen is relationships and like in chess the queen is the most powerful piece in the game. It's a…

Cash, and cash flow, are king. I tell would be business buyers that the worst thing they can do is not have positive cash flow…