Buying a Business Newsletter - 2026 Archive - Page 2

When buying a business, there is always inherent risk, which can be mitigated with thorough due diligence.

When buying a business, having a sense of what kind of business you are looking for and what you want to get from the business will help you narrow your search efforts.

There are always excuses to not do something, but when you check the facts, you might find the opposite of what you thought is actually true. For instance, now might just be a great time for you to buy a business.

When buying a business, it will be rare to find one that is the only game in town. Get to know the competitors and determine if there is already a distinct competitive advantage, or if you can establish one when you own the business.

When buying a business, you don't need to be an expert at what that business does, but having a better than average understanding will put you ahead.

When buying a business you are bound to have lots of questions. But knowing which ones to ask to get to the important answers is the key.

Buying a business in a systematic way will save you time and money.

Look before you leap is great advice when buying a business. Construct your questions to get the answers you need to keep moving forward.

While business valuation is not beyond comprehension, there's no substitute for getting an experienced opinion from a broker or an appraiser.

Properly drafted, an offer to purchase leaves plenty of room for escape if things aren't what they appear to be.