As more members of the Baby Boom generation slowly dip into retirement, those that own small businesses will be looking to sell. The number of business for sale is expected to increase quite a bit as the retirement rate does, and more and more Baby Boomers are turning 65 and older. If you are looking into how to start a business, look no further than an existing one that you can improve with your leadership.

But make no mistake: This is a serious process. You have got to do your homework if you ever want to be able to survive in the marketplace. So, with that in mind, here are five things that will tell you what to look for when buying a business.

1. What is a business broker?

Just like real estate brokers help you Read More