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How Do I Buy a Business?

Advantages of Buying an Existing Business

  1. Actual results rather than pro forma.
  2. Immediate cash flow.
  3. Trained employees in place.
  4. Established suppliers and credit.
  5. Established customers and referral business.
  6. Existing licenses and permits.
  7. Training by the seller.
  8. The availability of owner financing.

*Note: Remember, ultimately the success or failure of the business is the owner’s responsibility, and there is no “perfect” business, so buyers must be flexible.

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