The prospect of buying a business and having an immediate income stream on day one can be very appealing.
Before agreeing to buy an existing business, take time to ask questions and make sure it is the right fit for you.
Use our Buying a Business Checklist to guide you as you obtain information from the seller. Doing your due diligence will help you avoid surprises and uncover any skeletons hidden in the closet. If you are applying for a loan, your lender will likely need to see this information, too.
ASBTDC can help you as you consider a business acquisition and seek financing for your business purchase. Call on us!