Buying a Business Newsletter - Page 2

The process for valuing a large business versus a small business has night and day differences. Don't make the mistake of thinking they are the same.

There are many options for financing the acquisition of an existing business. Educating yourself on all the options will be worth your time.

For a buyer the question of the amount being paid is not about the amount of money so much as it is the opportunity being acquired.

Buying a business can be like a relay race. Part of the success is in the smooth hand off of the baton.

One very good reason to buy a business instead of starting one is that it is usually easier to borrow money to buy an existing business that has positive cash flow.

Having success in buying a business is less about timing than doing it right. But some times are better than others, and 2019 is a great time for buying.

Experience can be your worst teacher, unless it's somebody else's. There are many examples of what hasn't worked in buying a business that are worth observing.

It's a good idea to list the pros and cons of buying a business versus starting a business. It will help you evaluate your tolerance for risk

The seller's finish line is the buyer's starting line. Once you buy a business, the real strategy and work begin. It's important to have a plan.

When you buy an existing business with a proven track record you are buying an existing cash flow with proven services to a known market. If you run it at least as well as the seller, it pays for itself.