Wednesday, January 7, 2015

Things to consider before you make an offer on a business

     *Realistic expectation, many small businesses have imperfect book and records
     * If they don’t in lue of that you can review raw data, check sales tax returns, review                           inventory
     * If you financing first see what’s available if they don’t have it forget it move on
     *Go visit the business different times of day at least 3 times

How an offer works and what it implies
   *My favorite analogy
   *My preference of forms verses an LOI
    *Docs that should go with offer, credit report & proof of funds