Due diligence (Posted October 9, 2015)
True due diligence happens after agreement on a price. Make your offer contingent upon your findings in due diligence.

True due diligence happens after agreement on a price. Make your offer contingent upon your findings in due diligence.
The listing price is a conversation starter, not a deal killer. Don't let a listing price keep you from creating an offer that makes sense for you.
Negotiating the sale price of a business requires give and take. Be creative and reasonable and any deal is possible.
Buying a business takes time, effort, concentration, and persistence. Be proactive. This keeps a seller engaged and the process moving forward.
Understand your ideal business and price before you begin shopping for a business.
Well organized financial reports can result in a smoother financing process. Have your finances in order before you make an offer.
It can be easier to finance the purchase of an existing business than finance a start-up. Lenders like historical data that shows stability and growth.
Main Street businesses average 18-22 months from listing to closing. Take your time and find the business that meshes with your strengths and experience.
Receive Buyer Insights by email