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Stages of Company Development

Buying a Business

Business Plan Outline

What you need to know about buying a business…


Where to look for a business to buy

  • Banks

  • Accountants, Lawyers, Consultants

  • Venture Capitalists

  • Investment Bankers, Brokerage Houses

  • Business opportunity ads in trade publications

  • Networking with business associates

  • Direct Approach. Pro-active.

Once you have found a prospective business, there are multiple factors of the business that need evaluation before you consider purchasing. Evaluating the following factors will help you decide whether the Company is right for you:

  • Management

  • Customers

  • Markets

  • Competition

  • Products/Services

  • Marketing and Sales

  • Financial Statements

 

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