Looking At The Numbers

What Should You Look For When Considering a Business to Purchase? Unfortunately, too many prospective buyers want to know the asking price first and then how much money can they make. These are the wrong questions to ask initially. You need to know how much cash the seller requires as a down payment. There is no point in looking at a business no matter how good the numbers are if the seller wants three times as much cash as you are willing to invest.

Remember the actual amount of money a business earns is usually much more than just the bottom line. A smart approach is to get more information on the business, and even make a visit, before ruling it out or getting too involved in the numbers. It's all part of the learning process.

Copyright 2002 BBP

Need a word or term defined?
Click Here for Our Glossary!

"Concentrate on what you do best and we'll do the rest."

Unless, you are absolutely sure of the type of business you want, look at anything that is within your price range and provides at least the minimum cash flow you require.




M&A Source

And also...

11184 Antioch, #281, Overland Park, KS 66210-1603

businessstrategiesinc.net © 2002 Business Strategies, Inc. | Disclaimer

Powered by BizBuySell.com