BUYING A BUSINESS
Thinking of buying a business?
Owning a business can be rewarding as well as challenging. As you contemplate buying a business, you should ask yourself the following questions:
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Why do I really want to own a business?
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What are my strengths and weaknesses as they relate to business ownership?
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Is business ownership right for me?
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Should I buy a business or start a business?
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What about franchises?
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How do I finance the purchase when buying a business?
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How much do I have in unencumbered funds?
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If I needed to borrow, how is my credit?
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Will I be buying a business on my own or will other family members be involved?
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What professionals should I involve and when?
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How much will buying a business cost me?