Russ and Jim talk about zoning issues that can derail a potential purchase of a small business, how to find them and how to fix them. They also talk about some of the imminent domain challenges that property owners are having across America today.

Russell joins Jim on his eighth anniversary on Jim’s Brain Trust to discuss the importance of being able to present quality financial information to a prospective buyer of your business, and how early that process should begin before you actually sell the business.

Russ and Jim talk about another key element of the due diligence process of purchasing a business. This discussion is about making sure that any exclusive, territorial or franchise relationships that were part of the seller's business model would still be available to the purchaser.

Russ and Jim talk about the issues involved in purchasing a buisness where there are franchises and vendor relationships established by the seller and how to find out if those can accrue to any prospective purchaser of that business.

Russ helps Jim celebrate his 8th anniversary as they continue their series on critical due diligence steps that must be taken to successfully purchase a business. This visit covers some of the regulatory issues that can many businesses are required to comply with.

Russ joins Jim to continue their series on the right questions to ask when buying a business. The topic this time involves how to ask a seller if there are any regulatory issues pending that could be detrimental to the company.

Russ and Jim continue their series on buying and selling a small business by talking about what to do when the seller's price for the business requires that you attribute a value for unreported sales that came in the form of cash. This is a very common issue and a tricky one to solve -- but it can be done.

Dolf begins his visit with Jim talking about whether he things there is a real estate bubble. They go on to discuss the advantages of a small business owner also owning the real estate the business operates in.

Russ and Jim talk about another important element in the due diligence process of buying a business, which is making sure you know that ALL of the taxes have been paid current. It not, the sellers unpaid tax obligations could become yours.

Russ joins Jim to continue their series on the laws of the business buying and selling jungle. Today's discussion covers how to find out why a seller is selling, and what to do with the various answers you could get.