Buying Into An Existing Business Instant
A common path for US buyers, often requiring only 10% down.
Review at least 3 years of tax returns, P&L statements, and balance sheets. Watch out for "owner add-backs" (personal expenses run through the business). buying into an existing business
Check for outstanding liens, employee contracts, and pending litigation. A common path for US buyers, often requiring only 10% down
Before spending thousands on legal fees, ask the "Three Whys": A common path for US buyers
Does it rely entirely on the owner's personal relationships? If so, the value may disappear when they leave.
Contact businesses in industries you know. Owners may be thinking about retirement but haven't listed yet.
Check for upcoming lease expirations, new competitors, or changing regulations. 4. Due Diligence (The Deep Dive)