Russ and Jim continue their business buying and selling series as they discuss some of the reasons why a business becomes for sale.

Russ and Jim continue their series on discussing the key elements of due diligence when buying -- or selling -- a business. This discussion is about real estate, with emphasis on checking the lease of the business you're buying, to make sure you know how much it will be, it it continues to be available to a new tenant.

Russ and Jim talk about the importance of knowing the true relationship of the customers of any business you may be planning to buy.

Continuing their series on Laws of the Business Buying and Selling Jungle, Russ and Jim discuss the importance of identifying any products that may become obsolete, how to identify them, and how to plan for future products.

Continuing their series on the laws of the business buying and selling jungle, Russ and Jim discuss how to identify obsolete equipment and inventory when you are purchasing a business, why it’s important to not pay book value for these items, and how to negotiate them out of the transaction.

Jim and Russell share some horror stories about buying businesses and talk about renewable leases.

Russell joins Jim to talk about how to decide where to locate your small business and how to get information about your competition in the area.

Jim and Dolf discuss the many benefits of owning your business's real estate, instead of renting.

Jim and Russell discuss bringing your business into the 21st century with new technology in order for it to continue.

Russell joins Jim to explain how to make the decision about purchasing a business by finding all the problems associated with the business.