Benchmark Business Group

Buying a Business Newsletter - Page 26

Business Seasonality

For businesses with seasonal activity look for opportunities to expand a business’ offerings to eliminate seasonality. #buyabusinessiowa

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Leadership Style

Understand the culture of the business you are looking at and know what your leadership style will need to be.

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due diligence question

The only bad question when doing due diligence is the one you didn’t ask.  Be thorough and get help from a #iowabusinessbroker.

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When buying a business ask what the owner would do to grow it if they kept it.  Don’t just rely on your own ideas.

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Seasonality Impact

Understand the seasonality of the business you are considering buying. It will affect your needs for cash reserves.
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Today's Lending Environment

Today's lending environment is optimal for buying a business.  There is a pent up demand for good loans and interest rates are reasonable.

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