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Buying a Business

26/7/2017

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Buying a business can be a big step forward, or it can turn out to be disastrous.  This article assumes that you have already found a suitable business (the #TargetBusiness).

It explains how to complete the purchase of the target business, including checking what state the business is really in.

The main pitfalls tend to be similar, regardless of how large the target business is.  We'll cover next:
  • ​Approaching the target business.
  • Completing due diligence.
  • Negotiating the purchase.
  • Settling the purchase once it is completed.

​Look out for our next update on #TargetBusiness in August.

​#DueDiligence #Credibility #Risk #ActionPlan
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Author
Jane Galbraith is the Owner of Market Route Mapping and a Business mentor with Renfrewshire Chamber of Commerce.  She writes and speaks about developing staff and growth in businesses.  Follow her on Twitter at @RetailMapping
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