Whether it is to take over from a family member, acquiring to expand existing operations or to enter a new field, buying a business is a big decision. There are many factors to consider such as property, equipment and inventory evaluation as well as reputation, employees and financing. It is important to do your research and business planning to avoid potential pitfalls and ensure that the business you are considering purchasing is the right fit for you and the right price.
We will review:
Self Assessment – is this business purchase right for you?
Business Valuation – is a business priced appropriately? What are you buying?
Process to buy a business – analysis, making the offer and legalities.