Be respectful when buying a business - it does matter.
As a buyer, you need to sell yourself as well as negotiating the purchase. We see this in our coaching clients too,they need to trust who they are talking with.
Buying a Business Newsletter - Page 20
Do you know what makes a business more valuable?
There are very clear attributes that make businesses worth more or less. Learn what they are when looking to buy a business.
What is important to know when buying a business?
Buying a business can be an emotional event; it's exciting and hopes can be high. Take the time to ask all of the important questions before making your final decision.
Are you ready for a change?
Owning a business for the first time is like having a child for the first time... you have no idea how life changing it will be.
Growing your business through acquisition may be a good option.
It may be as expensive in direct costs and delayed opportunity to grow organically as it is to simply spend the money on a strategic acquisition to grow your business. Do the numbers.
How much risk are you comfortable with?
Starting a business can have many hidden or unexpected costs; buying a business can enable you to learn from prior owners' mistakes.
Don't Hold Back With Your Questions
Have you heard "There's no such thing as a stupid question?" Nowhere does that apply more than when buying a business.
Have you considered Entrepreneurship through acquisition?
Going from corporate America to business ownership can be a shock. Get some advice from other business owners and a professional coach when making the leap.
Why 2017 is a great year to buy a business
From the perspective of the availability of bank financing, it's a great time to buy a business; and your chances of getting financing are much better with professional help.
Ask all the questions you need in order to make an informed decision.
There are many questions that should always be asked when buying a business, but at a certain point a decision must be made.
