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 4 years, 7 months ago.

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  • #5630
    Avatar of stox
    stox
    Member

    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.

    #5640
    Avatar of Robert
    Robert
    Member

    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.
     
     

    #5770
    Avatar of robert
    robert123
    Member

    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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