An excellent article from BizQuest on buying a business. Key take-aways from the article include:
1. It is tough to find a good business at a good price on your own.
2. Finding a "no money down" business is darn near impossible.
3. Finding the right business for you is your greatest challenge.
4. Understand your qualifications and your limitations.
5. Expect your advisors to be prompt and proffessional, or move on.
6. Stand your ground against unreasonable sellers, be prepared to move on.
7. Money talks. Any offer is a good offer.
8. Educate yourself on the process.
9. Expect bumps in the road.
And I'll add one more:
10. Finding a business where your involvement is not necessary on a daily basis is also darn near impossible.
FBX Advisors are here to guide you through the buying process - for better of worse.
Start On The Right Road When Buying A Business | BizQuest's Business for Sale Blog
For additional information regarding Florida business sales, acquisitions and valuations, please contact Eric J. Gall at eric@buysellswflbiz.com or 239.738.6227. Also, visit our Florida Business Exchange website at www.fbxbrokers.com and my personal website at www.buysellflbiz.com.
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