I am ready to buy a business. How Do I Find The Right Business To Buy?
Step 4/5: I am ready to buy a business. How Do I Find The Right Business To Buy?
In Steps 2 & 3, we looked at what you could afford to buy, and the kinds of businesses that would make a good match for your skills, abilities and past professional experiences.
Now, let’s refer to the Step 3 Questionnaire “Matching Your Skills & Experience With Available Businesses.” What did you learn? What industries do you have past experience with? What industries are of interest to you, and you believe you could succeed in based upon your transferable skills? Did an honest evaluation and reflection uncover areas of opportunity to focus on in your search for suitable businesses in your price range?
If you’re like potential buyers, you found at least several areas of opportunity. And that’s exactly why we are going through this process. It is far better to discover these opportunities now, and cast a wider net as we search for potential opportunities that fit your criteria. We can always narrow the list down later.
To learn about the kind of help a business broker can find in identifying businesses that meet your criteria, watch the short video below.
Then, if you’re ready, Click here to schedule a Free & Confidential Buyer Consultation to get professional advice on how to continue moving forward in the process of buying a business.
If you’re finished with this step, Click here to proceed to Step 5 of 5: “I Have Found The Right Business. How Do I Close The Deal?”