important questions to ask when buying an existing 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?']
1104608
['Are you interested in buying a beauty salon that is franchised or independently owned? ... ', 'What is the true value of the salon? ... ', 'How will external factors influence the success of the salon? ... ', 'Will the current staff remain? ... ', "What's your plan for the future?"]
670203
['What can my company do to better serve your needs?', 'How satisfied are you with our products/services?', 'What value do we provide?', 'What are your biggest challenges?', 'Why did you choose us over the competition?']
754451
['How long have you been in operation? ... ', 'What custom services do you recommend for my business? ... ', 'What is your core business philosophy? ... ', 'What storage, packaging and assembly options do you offer? ... ', 'Who are your trusted suppliers? ... ', 'What operational bottlenecks do you anticipate?']
636204
['People Trust People. ... ', 'Buyers are Looking for Real-World Solutions. ... ', 'Both Sides Benefit. ... ', "1: What's Your Background? ... ", '2: What Problem Were You Trying to Solve? ... ', '3: How Was The Problem Affecting You? ... ', '4: What Possible Solutions Did You Consider? ... ', '5: Why Did You Choose Our Product or Service?']
1093086
['Is your price an estimate or a quotation?', 'What are your payment terms? ... ', 'Is your builder VAT registered?', 'Will you stick to your written estimate?', 'Are there any hidden costs?', 'Will you provide me with a detailed quotation and will you include everything on the drawings or specification?']
435177
["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?']
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?']
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?']
1222700
['What Experience Do You Have? ... ', 'What Services Do You Offer? ... ', 'How Much Do You Charge? ... ', 'What Insurances Are You Covered By? ... ', "How Will You Market My Property And Ensure That My Property Isn't Vacant For Any Significant Length Of Time? ... ", 'How Do You Screen Tenants? ... ', 'How Do You Calculate Rent? ... ', 'How Do You Collect Rent?']
1223059
['Who is your target audience? ... ', 'What action do your customers take right before they make a purchase? ... ', 'Tell me about a sponsorship agreement that went badly and why? ... ', 'What can you tell me about your sales goals for the coming year?']
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?']
1072400
['Should I talk to an accountant before I start my business? ... ', 'Do I need an accountant or would a bookkeeper be better? ... ', 'Are my records in a good condition? ... ', 'How much help do I actually need? ... ', 'Turning the tables…']
513951
['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?', 'What are your short term and long term goals?', 'What is your buying criteria?', 'Which vendors are you currently working with?']
393592
['Should I talk to an accountant before I start my business? ... ', 'Do I need an accountant or would a bookkeeper be better? ... ', 'Are my records in a good condition? ... ', 'How much help do I actually need? ... ', 'Turning the tables… ... ', "What is your business' current structure?"]
467567
['What are my business risks? Firstly, think about your business activities. ... ', 'What types of insurance do I need? ... ', 'How much insurance do I need? ... ', 'What are the terms and conditions of the policy? ... ', 'Where can I buy business insurance?']
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?']