Process: Buying a Business

1. Interview / Needs Assessment. Share business requirements with broker
2. Sign NDA (non-disclosure agreement) & complete Buyer Registration
3. Provide Proof of Funds. A screenshot or copy of the bank statement showing available balance for a down payment (cross out account numbers).
4. Review business confidential Fact Sheets/offering memorandums
5. Conference Call or Meeting with Seller. Prepare questions / agenda
6. Make an Offer with a fully refundable deposit.
7. Due Diligence
8. Purchase Agreement / Closing
9. Training

Please read our blog on How To Buy a Business for additional tips.