Buying a Business: It’s a brand new ball game.

Unless you have bought or sold a business in the past, you’ll find that buying a business can be a confusing and even trying experience for the unprepared. That is why it’s important for you to take the time to read this explanation of the process. Even if you are a veteran in business transfers, understanding the process we follow will assist you in working with our firm.

Before we can help you find a business there are a few questions you will need to answer so we can learn more about you, narrow your search, and save valuable time for all parties involved. Before we go through the steps of buying a business, here are some preliminary questions for you to consider:

How much money do I have to put down on the business?

The amount of money available for a down payment and the liquid availability of these funds is a very important consideration. Generally, you should have at least a minimum of 50% of the selling price available or be certain that you can obtain the necessary funds within seven business days. If your money is tied up in real estate, you will need to liquidate before we can begin the discovery process and start showing you businesses. Good businesses sell fast and it is important to be prepared. You also want to budget enough money for working capital. A basic financial statement will help us determine your financial picture and purchasing power.

When do I want to buy?

We will need to know if you are looking to buy immediately or just thinking about it for the future. In order to be able to take advantage of good business opportunities when presented, you need to have the ability to be decisive and move forward. Working with us requires you to be a serious buyer and be ready to make a decision once you find the business you like.

What types of businesses interest me?

As a new business owner you will want to make sure you buy a business that is fun for you. If you are going to work hard, it’s important to make sure you enjoy what you do. You will have to assess your interests, skills, experience, and capabilities to determine the right business for you.

After answering the above questions and you have identified and reviewed the business opportunity summaries that appeal to you using the Listings link at this website, you are now ready to register as a buyer to review specific business details of the businesses you’ve selected.

Register as a Buyer for FREE!

As a free registered buyer of this website, you will have access to further information on the business listings you’ve identified and will automatically be notified as new listings become available.