Small Business Management, 18e


Finding a Business to Buy



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Finding a Business to Buy

  • Identify your interests
  • Consider your talents
  • List conditions for your business
  • Quantify your investment

© 2017 Cengage Learning. All Rights Reserved. May not be copied, scanned, or duplicated, in whole or in part, except for use as permitted in a license distributed with a certain product or service or otherwise on a password-protected website for classroom use.

Investigating and Evaluating Available Businesses

  • Due Diligence
    • The exercise of reasonable care in the evaluation of a business opportunity.
  • Business Brokers
    • Specialized brokers that bring together buyers and sellers
  • Relying on Professionals
    • Accountants
    • Attorneys
    • Other experienced business owners

© 2017 Cengage Learning. All Rights Reserved. May not be copied, scanned, or duplicated, in whole or in part, except for use as permitted in a license distributed with a certain product or service or otherwise on a password-protected website for classroom use.

© 2017 Cengage Learning. All Rights Reserved. May not be copied, scanned, or duplicated, in whole or in part, except for use as permitted in a license distributed with a certain product or service or otherwise on a password-protected website for classroom use.
  • Advertisement materials
  • Inventory receipts/lists
  • Organization charts
  • Payroll, benefits, and employee pension/profit-sharing information
  • Employee roster
  • Certification by federal, state or local agencies
  • List of owners
  • Contracts and lease agreements
  • Financial statements
  • Tax returns
  • Real and personal property documents
  • Bank accounts
  • Customer lists
  • Sales records
  • Supplier/purchaser lists
  • Contracts


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