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Business strategy
Things to consider before you buy a business
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[QUOTE="Augusta, post: 265649, member: 25283"] Buying a business is always like renting a house you would need to assess the business critically before doing any plan to take over via buying it over. First, for me is to find out why the business wants to sell the business especially if the owner claimed that the business is a lucrative one. You know that no one will want to sell anything that us still very useful to them. so if the owner clakms that the business is still viable then it is to assess the viability. Another is to look at the books of account, which should be the balance sheet. Assess the assets and the liabilities of the business. be sure that the information on the balance sheet isn't false. This is where you might just need a professional to help you out. paying an accountant that those her onions wouldn't hurt you so that you are not buying a failed company. [/QUOTE]
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