Once the decision is made to start a business, often the next decision is either to buy an existing business or start a new venture from scratch. There are advantages and disadvantages to both options.
- Buying A Business
The pros and cons of buying an existing business versus starting fresh.
- Choosing A Business
Finding a profitable business to buy.
- Purchase Research
Before making the final purchase, examine the business carefully. Use of a qualified attorney is important.
- Determining Value
Know the elements to examine when calculating a business' value.
- Sales Agreement
Essential elements that should be on the final sales agreement.
- Due Diligence
Know the legal aspects of owning a business; includes zoning laws, permits, and the environment.
- Closing Checklist
Make sure you and your attorney review the final points of the sale.
- Buying A Business FAQs
Learn the answers to commonly asked questions regarding buying a business.
