Buying a Business

To buy a "winning" business, buyers should follow a buying process in a proffessional manner for a rather long period. Hurrying to buy may lead to high purchase price and losses in future operation.

To minimize the risks, you can work with me to start "Business Buying Process", which include:

• Determine what type of business is most suitable for you.

• Key points to foresee the potential problems in the business for sale.

• Ask Seller questions when analysing a business for sale.

• Find out most important factors that any good business should have in place.

• Do Market Research for the industry you are going to do business in. Get the proven practice to correctly evaluate the business to avoid overpay.

• Approach businesses for sale both on MLS and hidden markets.

• Get the bank to finance the deal or sometimes get it from the Seller. Commercial mortgage is much more difficult to get approved by the banks compared to residential sector.

• Use “Check-Point List Due Diligence” to discover potential problems and existing issues that the Seller is not happy to tell.

• Identify the common (but very costly) mistakes that made by most inexperienced Buyers.

Business for sale

in Greater Vancouver

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Business with Property for sale

in Greater Vancouver

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