When financing a business acquisition you often need to get creative. The Small Business Administration can be a good solution.
Buying a Business Newsletter - Page 21
When seeking assistance from others to invest or guarantee financing for a business acquisition, always be very careful to define the terms and relationship in writing.
If you've never owned a business consider getting some professional coaching from those who know.
Do your homework and learn the right questions to ask when buying a business.
A good business broker will consider helping you find financing to be a part of their job.
If you like a business, don't be afraid to make an offer with the appropriate contingencies. You will get better responsiveness to your questions.
The best time to buy a business is when you can be passionate about the idea. If you're lukewarm - or undecided - keep your job.
Timing is everything when buying a business. Even so, look carefully before you make a final decision.
Successful business buyers ask many and great questions, but they don't hesitate to pull the trigger on a decision.
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