good questions to ask when buying a business?
75134
['Why are you selling? ... ', 'How have you arrived at the asking price? ... ', 'How would you grow the company? ... ', 'What outcomes are you looking for? ... ', 'Are you willing to agree a non-competition clause? ... ', 'Who are your key customers, suppliers and staff? ... ', 'Are you willing to stay on for a transition period?']
233862
['What are my payment terms and are they negotiable? ... ', 'What will my total costs be? ... ', 'Can you give me a liability insurance certificate? ... ', 'Are you going to sell direct? ... ', 'Can I have a guaranteed sell-through? ... ', "What happens if materials don't arrive? ... ", 'What is my expected gross margin? ... ', 'Under what circumstance might prices change?']
249361
["What's my total budget? ... ", 'Is the home in a flood zone or prone to other natural disasters? ... ', 'Why is the seller leaving? ... ', "What's included in the sale? ... ", 'Were there any additions or major renovations? ... ', 'How old is the roof?']
545540
['I am interested in Real Estate Sales (or Property Management). ... ', 'Is the company independent, corporate owned or a franchise?', 'What is your market share?', 'How many offices do you have?', 'How many total agents? ... ', 'What kind of management & systems support do you have?', 'How is your office staffed administratively?']
391630
["“What's the best way to set up my company?” ... ", '“How can we reduce expenses?” ... ', '“What can we do to improve our cash flow?” ... ', '“How can I protect my business from theft, fraud or fiscal mismanagement?” ... ', '“How well can the company weather a recession?”']
829620
['What Are the Startup Costs for This Home Based Business Opportunity? ... ', 'What Kind of Training and Support are Available with the Home Based Business Opportunity? ... ', 'What Are the Rules for Advertising and Promotion? ... ', 'What Is the Realistic Income Potential for This Home Based Business Opportunity?']
159837
['What problem does your business solve? ... ', 'How does your business generate income? ... ', 'Which parts of your business are not profitable? ... ', 'Is your cash flow positive each month? ... ', 'What is your pricing strategy and why?']
1176876
['#2. What product will I manufacture? ... ', '#5. What would be the product costing, pricing, and profit margin? ... ', '#7. How can I finance my enterprise? ... ', '#9. How will I protect myself and the business from liability risks?']
154154
['Why do I want to start a business? ... ', 'Specifically what kind of business do I want to start?', 'Am I interested in selling products or services?', 'What are my key personal strengths--what am I better at than anyone else?']
138528
['What Does My State Require of a Small Business? ... ', 'What is My 1 Year Sales Plan? ... ', 'Why Should This be a Business?']
215587
['Have you ever done business under a different name? ... ', 'What is your license number? ... ', 'How can I get in touch with you? ... ', 'Can I have a copy of your insurance policy? ... ', 'How much will this project cost? ... ', 'How many projects like mine have you done in the last year?']
694990
['How long has the company been in business? ... ', 'Who are the people behind the company? ... ', 'Are the products or services of personal interest to you? ... ', 'What type of training is offered in the beginning? ... ', 'Does the company offer great support tools? ... ', 'How do you earn your money?']
801596
['How has your background prepared you for sales? ... ', 'How do you feel about working to targets? ... ', 'Have you ever lost an opportunity to do business with an important partner? ... ', 'Pick something in this room and then sell it to me. ... ', 'What does your ideal customer look like?']
43645
['Here are just a few questions to ask before choosing the company that will handle your products day-to-day:', 'Do you have clients like me?', 'What tools do you use to ensure you can find my inventory?', 'Can you accept deliveries for me?', 'How well can you adjust to seasonal fluctuations?']
880356
['Why is your business important to you? ... ', 'If you could wave a magic wand, what would you most want for your personal life? ... ', 'If you could wave a magic wand, what would you most want for your business? ... ', 'Where is there overlap between your personal and business visions?']
59104
['Are you building for the future? ... ', 'Is the location safe? ... ', 'Is the office space adequately wired for your business and equipment needs. ... ', 'How much will furniture cost? ... ', 'How much will the rent increase each year? ... ', "What's included in the lease? ... ", 'Who handles repairs?']
610854
['Who are the founders, and what expertise do they have?', 'How is the business being funded? Who are the investors?', 'Does the product or service being sold have potential?', 'What is the longer-term plan of the business?', 'Are you ready to work in a startup?', 'Conclusion.']