Unlock the Secret 5-Step Blueprint to Buying a Business in 2025 That Wall Street Won’t Tell You About
Doing your homework also gives you more time to get familiar with the ins and outs of running that business and deciding whether or not you still want to sign on the dotted line.
Step 4: Value the Business
If the chosen business passes all your checks, it’s time to get it valued. Sure, the person selling the business will give you a price, but it’s always necessary to conduct your own valuation, even if you think what they are asking for is fair.
Many small business owners have never had their financials audited, making it difficult to be sure you are getting an honest view of the business performance.
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