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Tag: buying a business

Earnout and Financing

  When buying a business, there are two areas of methodology that will assist with your purchase. First things first. Don’t buy a business you cannot afford and don’t waste a seller or broker’s time with trying to steal a quality business for nothing because you heard some YouTube video say that you can buy […]

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Is There Good Reason to Walk Away from a Deal?

If you submitted an LOI and you are going through due diligence, hopefully your deal is going to close smoothly. If you are hesitant, sometimes there are good reasons to back out of a deal. However, cold feet is not one of them. If you are serious enough to put in an LOI, you are […]

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Proper Protocol for a Buyer

As a buyer of a business, nothing will be a quicker way to lose rapport with the broker or the seller faster than wasting their time. You don’t want to lose rapport – that will affect price and a working relationship, generally. Wasting time means asking a lot of questions, taking up the sellers time, […]

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