business tips

liquidation and administration - what's the difference?

Liquidation and Administration – What’s the Difference?

When a company enters insolvency, there’s a few roads they can venture down before closing the business for good. Two of these options are liquidation and administration – but what’s the difference between the two?  Although not something we deal with here at Core Business Brokers, our goal is to always educate our business owners…

pros and cons of buying a business vs starting from scratch

Buying a Business VS. Starting From Scratch

Want to be your own boss, work for yourself, establish a business and watch it grow? Then you’ve probably asked yourself this question already… Should I buy a pre-existing business or start from scratch?
It’s a valid question and an important one at that – as there are pros and cons to consider for each option. So, make things a little easier to digest, we figured it best to break them down for you!