10 Steps to Buy a Business
This is the first of three articles in which I describe the processes involved in buying and selling a business. This post is from the Buyer's perspective. The second post and the third post focus on the Seller. 1. ASSEMBLE A TEAM. Buying a business can be a confusing and time-consuming process, particularly for the uninitiated. Before proceeding, a wise buyer assembles a team of experienced advisers familiar with the process. Team members ordinarily would include an accountant, tax adviser and attorn

Startup Legal Docs
The Fort Worth Startup Blog provides the entrepreneurial community with access to a set of founder-friendly startup documents from theFunded.com. Please note that these documents are most useful as a starting point and will likely require modification and negotiation to fit particular circumstances.

Characteristics of Great Companies
Great companies:1) are constantly innovating and delighting their customers/users with new products and services.2) are built to last and be independent and sustainable. Great companies don't sell out.3) make lots of money but leave even more money on the table for their users and partners.4) don't look elsewhere for ideas. They develop their ideas internally and are copied by others.5) infect their users/customers with their brand. They turn their users and customers into marketing/salesforces.6) are led by entrepreneurs who own a meaningful piece of the business. As such, they make decisions based on long term busines