Want to buy an existing business
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Want to buy an existing business

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This topic contains 2 replies, has 3 voices, and was last updated by Avatar of robert robert123 7 years, 10 months ago.

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  • #5630
    Avatar of stox

    I want to buy an existing computer company. I have already identified one that is available. What are my next steps? I have never done this before.

    Avatar of Robert

    Find out as much as you can. Who owns the company? Is it incorporated? Is there inventory involved? If so get a determination of its value. What about vehicles? Is there property that the business owns or do they rent? Have a lawyer examine various elements like existing contracts and anything else that the company is currently involved in. Due diligence is essential.

    Avatar of robert

    You have to find more business which are existing so that you can buy a good business. Though it is not easy to buy a business franchise but if you buy an existing business then this will be the best to you to earn money in future.                                                                                                                                                                                                           

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