what questions to ask when evaluating a business?
316345
['Why does the current owner want to sell the business?', 'Does the business have potential for future growth, or will its sales decline?', 'If the business is in decline, can you save it and make it successful?', 'Is the business in sound financial condition? ... ', "Have you seen copies of all the business's current contracts?"]
632236
['Do you specialize in any particular areas of business strategy? ... ', 'How well do you know our industry and market, and what relevant experience do you bring? ... ', 'What do you know about our company and our competitors? ... ', 'Can you give me some examples of your strategic consulting projects and specific results?']
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?”']
793442
["What is your business's financial condition? ... ", 'Have you created a pro-forma cash flow? ... ', 'Given your revenue forecast, are you overpaying? ... ', 'Have you thought long and hard about it? ... ', 'Does it make more financial sense to rent the land rather than owning it? ... ', 'Should you go all in with your cash? ... ', 'How much land are you acquiring?']
1253785
['What Business Structure Should I Choose? ... ', 'What Do I Need to Know About Choosing a Name for my Business? ... ', 'How Do I Minimize My Risks as an Employer? ... ', 'What Should Be In My Operating Agreement or Bylaws? ... ', 'How Can I Protect My Intellectual Property? ... ', 'What Contracts Does My Business Need?']
323327
['What are the demographics of my target consumer?', 'How do my target consumers currently use my product?', 'What problems can I solve that my competition cannot?', 'What do my customers dislike about my product?', 'What ideas do customers have to improve my product?']
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?']
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?']
23021
['How can I help? ... ', 'What do you expect from your employees? ... ', 'What is the one thing you would change about the company? ... ', 'What do you do during a typical day? ... ', 'What do you do when you are outside the office? ... ', 'What are you most proud of regarding the company?']
247105
['What business are we in? ... ', 'What is the vision and mission of the company? ... ', 'Who is our customer? ... ', 'What does our customer value? ... ', 'What is our target market? ... ', 'What products and services do we provide? ... ', 'What is our sales and marketing strategy?']
991110
['How often do you use the product or service?', 'Does the product help you achieve your goals?', 'What is your favorite tool or portion of the product or service?', 'What would you improve if you could?']
78693
['1 – How do you make money?', '2 – Who are your customers?', '3 – What is your unique competitive advantage?']
473968
['What is your name? ... ', 'How should I break up my time? ... ', 'What are our customers like? ... ', "Which sales strategies work/don't work? ... ", 'How is performance measured? ... ', 'What would you like me to accomplish this week? ... ', 'What is the best way to communicate?']
1365020
['What Services Do You Provide?', 'What and How Do You Charge?', 'How Do You Determine Prices on the Merchandise?', 'Are You Insured? ... ', 'Are You Bonded?', 'How Will You Keep the Property Secure?', 'When and How Do You Discount the Merchandise?']
531504
['What interested you in our product/service?', 'How open is your company to change?', 'What is the biggest barrier preventing you from meeting your goals?', 'What is your strategic direction?']
702458
['10 Questions to Create Your Company Strategy. ... ', 'What is the vision we want to own? ... ', 'How is the organization going to grow? ... ', 'What should the organization do more of? ... ', 'What should the organization quit doing? ... ', 'What are the biggest roadblocks the organization faces? ... ', 'What could disrupt our organization?']
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?']