Buy a Business in Sarasota | Florida Management Consultant

Buying

“Buying a business means a fresh start; a new beginning. Take a look at some of the things your next business should have in place before you buy.”

Suppliers in Place

Existing relations make the transition much more seamless. An established business will already have a track record with suppliers.

Existing Customers and Referral Business

The business should have a loyal following of customers. Find out how often the business has repeat business.

Trained Employees in Place

Typically an existing business will have key employees in place. Find out which employees will be staying once you purchase the business.

Immediate Cash Flow

You should be able to step right in and continue with the sales, as did the previous owner. Once you have signed a confidentiality/non-disclosure agreement, you will be able to view their complete financials.

Seller Training

In addition to the benefit of key employees, ask if you will receive training from the seller of the You will benefit greatly from the seller’s expertise as to what made the business successful.

Seller Financing

In some cases the owners are willing to finance a portion of the sale price. It’s always a good question to ask before considering a loan.

Our Process

The first step for potential buyers is having them sign a confidentiality/disclosure agreement, and in most cases, a financial profile. Our goal in this is to limit the exposure of the business and to maintain the confidentiality. This is to help prevent a business from being “damaged” in the selling process.

View Our Listings