Blog

Steps to Buying a Business: Arranging Financing

One of the most important steps in the process of purchasing a business is financing. How are you going to pay for your new venture? There are several resources available which you could tap in order to put together the financing needed for your journey into entrepreneurship. These options consist of

Read More
Steps to Buying a Business: Making an Offer

You found a business that suits you, and have finished going over financial records and all other aspects of the business during due diligence.  It is time to make an offer, but how do you determine what that offer should be? First, consult with your business broker.  There are formulas which

Read More
Steps to Buying a Business: Due Diligence

A crucial step when purchasing a business is the due diligence stage.  It is due diligence which enables you to figure out whether or not this business is for you.  It also helps to determine what price you will be prepared to pay for it. Determine the reason why the seller

Read More