The Process of Becoming a Business Owner

Buying a business should not be taken lightly. Our experienced business brokers can assist you in finding a business and coordinate the sequence of events, which are:

  • Finding a Business to Buy – Enlist the assistance of an International Business Exchange intermediary to aid you in finding the right business for you.

  • Define your Acquisition Criteria and Self Assessment – Be prepared to discuss your background, work experience, financial ability to purchase a business and specific types of businesses and preferred locations in order to help find a business that meets your needs.
  • Review Businesses For Sale – Based on your qualifications and acquisition criteria, we will review with you businesses that meet your goals. Profiles that provide a summary of the business and financial information will be provided after you sign a Confidentiality Agreement. You may also request a video showing the business and an owner interview.

  • Meeting the Business Owner and Touring the Facilities – Once you’ve selected those businesses that you believe best meet your investment criteria, the business broker will schedule appointments with the business owners so you can see the facilities and operations as well as ask questions regarding the operations of the business.

  • Due Diligence and Offering Process – We will help you negotiate and complete the Letter of Intent, which provides the terms and conditions under which you are willing to buy the business and the seller is willing to sell the business.

  • Closing – After all closing documents have been reviewed and approved by the principals, a closing date will be scheduled.

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