© 2011 Apptivo Inc.
All rights reserved.
Tips for Business: 5 things to consider before
buying an existing small business
Acquiring an existing business is a process.
It often focuses specifically on the legal process of
transferring a business from an...
More
© 2011 Apptivo Inc.
All rights reserved.
Tips for Business: 5 things to consider before
buying an existing small business
Acquiring an existing business is a process.
It often focuses specifically on the legal process of
transferring a business from an original owner to another owner.
However, before you consider
how the legal process works, consider the value in making such a transfer happen.
It can be
exciting and overwhelming to purchase an existing business.
It also means taking on a great deal
of responsibility in the process.
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Before you consider buying a current business, ask yourself why you wish to buy it.
What makes
it an ideal choice right now? It could be that the business has excellent future opportunities.
It
could be that the price is right.
However, consider the following before making the decision.
Is the business still growing or has it reached its full potential and may begin to fall
within the community?
Do
Less
