Learn How To Buy A Highly Profitable Business.
How can you be sure a particular business is a worthwhile investment?
The ‘real secret’ to buying a profitable business is in knowing the exact strategies to use at each step in the buying process and by conducting an impeccable analysis, review, negotiation and valuation to be certain you pay the right price and terms and uncover any potential problems before you complete the transaction.
Secrets Of Why You Should Buy An Existing Business.
With so many options available to you, the question will become which path of the business ownership arena should you pursue? Between franchises, existing businesses, and start-ups, it can become a bit overwhelming. However, there is one choice that makes the most sense if you want to have your own business.
Your chances of success are clearly best when you buy an existing, profitable business for many reasons which we’ll discuss in a moment.
While the idea of a franchise appeals to many people, don’t buy a new location; buy a resale that’s already successful. This way, you marry the best of franchises and existing businesses.
With a start-up you have two challenges: developing the product or service and then seeing what, if anything, people are willing to pay you for it. It’s a lot of guessing. On paper the plans usually sound great but the results tell a different story. 96% of all start-ups fail in the first five years.
Ease of Investigation.
With an existing business you will have access to actual historical information that will allow you to thoroughly investigate its past activities, the financials, the market, the customers, the industry, the employees, the competition, its operations, its current status, and its future potential.
Regardless of a company’s past performance, an existing business or franchise resale will, at the very least, have a history from which you will be able to make certain decisions. Even if the company was not very profitable in the past, your strengths may lend themselves perfectly to turning it into a viable venture. Furthermore, you have the ability to verify what the company did in the past that resulted in the current status of the operation.
Clearly, this information-gathering stage will be substantially more accurate and easier to obtain when dealing with an existing business since you have the actual history.
In A Start-Up, Everything Is A Guess, Even With A Franchise.
A new business or franchise offers absolutely no guarantee of how well or poorly the business will do. At best, with a franchise you may have some comparable data but it’s not reality. One of the greatest benefits to buying an existing business is that someone else has already gone through all of the pains and capital requirements of a start-up that you won't have to incur.
Ready Made Infrastructure.
When you buy an existing business you will have the benefit of a built-in infrastructure. You will inherit active customers, suppliers, employees, equipment and systems. This will allow you to focus on building the business as opposed to a start-up or new franchise where you’re starting with nothing.
Sales will be generated the day you take over. In fact, when done right you can get the keys to your business on Monday and take a paycheck on Friday!
Purchase Price Differences.
Buying an existing business does not mean that it will cost you more. In fact, many times it’s less expensive than launching a start-up. Even in those cases where it may require a premium, at least you know what you are getting. Plus, with the right information you can negotiate incredible deal terms that you could not achieve with a new business.
Over ninety percent of our clients negotiate seller financing.
Flexibility in Negotiating.
You will have far more flexibility when negotiating the purchase of an existing business or franchise versus any other options available. it’s not even close!
Everything from the purchase price to financing is open to negotiation. However, there is a lot you need to know in order to buy a good, solid business that can become great with you at the helm. When you have access to the right information and advice you’re going to make the right decisions.
Once you buy a good existing business you will hit the ground running and have a foundation in place from which you can really grow the company.
For many, owning a business is a dream. For some, it will become reality. Your fate is in your hands. Whether you choose a start-up, franchise, or existing business, it can be done. It’s up to you. Currently, the market is in your favor and the timing is right for you to finally put yourself in a position to be your own boss.
Take your research to the next level by getting a copy of our special guide, “How To Buy A Good Business At A Great Price©.”
Click Here For A Detailed Course Outline.
About The Author.
My Name is Richard Parker and I have personally purchased thirteen businesses during my career and built several others from start-up. The information in my programs are based on real-life, hands on experiences. I have provided consultation to thousands of prospective business buyers who have used my materials, attended my seminars, followed my guidance and expertise to buy good businesses in every type of industry you could possibly imagine.
It has taken a lot of time, effort and some painful experiences to develop the tried-and-true formulas that immediately identify a good business. More important is recognizing what particular business is ideal for the individual. Good businesses run by the wrong people quickly turn sour and that’s why so much of our material is devoted to helping each client buy the right business for them.
Expert Consulting And Support At Every Step.
Along with the program you can consult directly with Richard and a team of experts as often as you wish during the business-buying process and there is no additional charge for this service and support.
Our Unconditional Money Back Guarantee.
After you receive the material, if for any reason whatsoever at anytime in the future, you are not 100% satisfied, or if you don’t believe that we have equipped you with all of the skills and knowledge you’ll need to buy the right business, just let us know at any time and we’ll immediately refund your entire purchase price.
No questions asked! No time limits! No hidden clauses! No fine print!
Not only are we going to help you eliminate all of the guesswork from buying a business, we have also removed any risk when you decide to purchase this program.
Why Our Products Are Unique.
The How To Buy A Good Business At A Great Price© series is not a generic introductory book about buying a business. The information provided are proven strategies that work and have been compiled from over one thousand successful business purchases and business for sale analysis and investigations over the past twenty years. This material is for the serious business buyer who realizes that in order to be successful, they must be equipped with specific knowledge and have access to unbiased expert advice to be certain they make all the right decisions.
The materials are laid out in a step-by-step format that mirrors each specific stage of the business-buying process. The program is geared to give the buyer the advantage in the purchase and to eliminate the risks associated with buying a business. As such, the information clearly explains what a business buyer needs to know at each step, what they must do, and exactly how to do it.
Plus, we provide ongoing expert consulting support to assist you at every step.
The materials also include automated valuation spreadsheets, legal agreements, business plan templates, specific language for purchase agreement terms and case studies.
Visit the program’s main page at www.diomo.com where you can learn more about this product or make a purchase.
If you have any questions please contact us