Buying a Business Newsletter - 2021 Archive

Owning a business can be a very time consuming activity or the most freeing experience of your life; prepare yourself to design it to work for you not just because of you.

The kind of businesses most buyers buy look nothing like GE or Microsoft. They are privately held and need hands-on attention.

Getting an agreeable deal with a seller, like a signed offer and acceptance, is only half the battle. Getting to the closing table is the next big hurdle. The better the plan, the more likely it is to happen.

Would you rather invest money to start a business with no cash flow or buy one with an existing revenue stream?

As a buyer it is important to design your own Due Diligence list for examining a business.

Successful negotiating is a give-and-take process, never a my-way-or-the-highway proposition.

As a Buyer you should learn as much as possible about a business in order to make an offer; but taking too much time may mean you miss out on the opportunity altogether.

Buying a business, can be daunting and a little complicated. Never try it alone. Assemble a Deal Team to help you through the process.

To make buying a business a win-win, ask questions and listen carefully to the sellers motivations.

Buying a business is like starting a business with a huge head start.