Step 1. Take control and commit: committing to owning a business is the best way to create profit and oversee your own destiny.
Step 2. Buyer’s profile: considering personal interests, goals, professional, commercial and family expectations, work experience, expertise and financial capacity.
Step 3. Define acquisition criteria: per minimal desired income, location, family needs, business category and branch of industry.
Step 4. Business search: Confidentiality Agreements
Step 5. Meeting with seller and touring the facilities.
Step 6. Make an offer: along with an escrow deposit.
Step 7. Due diligence: legal, financial, employees, taxes.
Step 8. Closing and business takeover.
Step 9. Transfer of business, familiarization and steps following the closing.