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Business strategy
Things to consider before you buy a business
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[QUOTE="Ithedicious, post: 265619, member: 73248"] Buying a business is a whole lot of thing and I believe all due process must be followed to make sure that every transaction and arrangement between the owner and the buyer are carried out effectively just to avoid problems in the future. If I am interested to buy any business I have to first understand the future potential of the business within the specific location in which the business is located. That is very important for me. Lawyers must also be present to seal and confirm every agreement that has been made between the buyer and sellers . It's seems there are some instances in which sellers of business tends to reverse agreement that has been signed against the new business owner for the main purpose of having more monetary gain . I also consider the security of the location this is very important because some business could be risky depending on the location where it is located. [/QUOTE]
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