what questions to ask when buying an established business?
530374
['Why Do You Want to Buy This Business? ... ', 'How Will You Make Sure You Are Successful? ... ', 'How Much Capital Do I have Access to? ... ', 'How Much Is the Business Worth? ... ', 'Ask to Speak With the Current Owner. ... ', "Ask to See the Business' Current Financial Statements."]
417592
['Whom am I buying from? ... ', 'How is my need determined? ... ', 'Does the policy provide living benefits? ... ', "What's guaranteed? ... ", 'When can I expect returns? ... ', 'What if my health changes? ... ', "What's covered if I become disabled?"]
193194
["What's Your Registration Number?", "What's an Estimate for Cost?", 'Are There Additional Fees?', 'Do You Use Subcontractors?', 'Are There Additional Transfers?', 'Do You Offer Insurance?', 'Do You Provide Packing or Storage Services?', 'How Do You Handle Complaints and Claims?']
1074757
["Is it likely I'll qualify for the loan? ... ", 'How much do I really need? ... ', "How much can I borrow based on the asset I'm using for collateral? ... ", 'Do I have adequate cash flow to repay the loan? ... ', 'Will the money help my business grow? ... ', 'How good is my business credit score? ... ', 'Are my personal finances in order?']
1200397
['Do You Have a License? ... ', 'Are You Insured? ... ', 'Can You Provide Me with a Bid? ... ', 'Where Do You Purchase Your Materials? ... ', 'How Long Have You Been in Business? ... ', 'What is Your Timeline? ... ', 'How Do You Protect My Home?']
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?']
52024
['How much can I afford to borrow? ... ', 'What is included in the sale? ... ', 'Am I looking to purchase a property in the right area? ... ', 'Why is the seller selling the property? ... ', 'How long has the seller lived in the property and are there any concealed issues that you should be aware of?']
420276
["What's the deal with fixtures and fittings? ... ", 'Is the seller in a chain?', "What's the minimum price the seller will accept?", 'Is there room to negotiate the house price?', 'How much is the council tax?', 'How much are the utility bills in the area?', 'Is anyone else interested in the property?']
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?']
755308
['Have there been any issues with the neighbours? ... ', 'How much is the council tax and utility bills? ... ', 'Is this property in a conservation area? ... ', 'Can you speak with the sellers? ... ', 'Have any other offers been made and how much? ... ', 'How long have the current owners been in the property? ... ', 'How long has the property been on the market?']
966668
['Who would pay for my product or service? ... ', 'Who has already bought from me? ... ', 'Am I overestimating my reach? ... ', 'What does my network think? ... ', 'Am I making assumptions based on my personal knowledge and experience? ... ', "What's my revenue model? ... ", 'How will I sell my product or service? ... ', 'How did my competitors get started?']
62482
['How much is the rent and when will I have to pay it? ... ', 'Can I legally use the property for my business? ... ', 'Can I cancel the lease is my circumstances change unexpectedly? ... ', 'Who is responsible for repairs? ... ', 'Who is responsible for buildings insurance?']
452755
['Why are they selling their business? ... ', "What's included in the sale? ... ", 'How did they arrive at the asking price? ... ', 'What outcomes is the seller looking to achieve? ... ', 'Are they willing to commit to a non-competition agreement?']
142667
['What does the company do? ... ', "What are the company's revenues and earnings? ... ", 'What is its historical performance? ... ', 'Does it pay a dividend? ... ', 'What is its price-to-earnings ratio? ... ', 'What is its market capitalization? ... ', 'Does it operate domestically and internationally?']
524722
['How many tenants like me have you represented? ... ', 'How will you handle assignments outside of your local area? ... ', 'What other options are there? ... ', 'Should I lease or buy? ... ', 'How will you help me compare different offers? ... ', 'What else should I be asking?']
293552
['What are they looking to get out of the partnership? ... ', 'What are they hoping to get out of the business that you are buying together? ... ', 'What do they think each one of you brings to the table? ... ', 'What is their financial situation?']
1368949
['How long has the property been on the market?', 'What are the current offers?', 'Why is it on the market?', 'When was the property constructed?', 'Are there any management fees?', 'Is there any planning permission on the property?', 'What exact area/land comes with the purchase?']