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❓ASK What questions should you ask when buying a business?

AudraMiller

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If you are looking to get into the business field there are two options. The first is to create your own business and have your own idea that you were implementing. However the second would be to purchase an already existing business and then take over the management of that business. Sometimes this could be a good option because you already have a business that has established itself with a reputation however what factors do you think are important when purchasing an already existing business? Personally I would look at the financial statements as well as the projected financial statements in order to see how the company is expected to grow. Are there any other factors that should be under consideration?
 
why is the seller selling the business, is there any issue , past 6 months performance , market impact and trends , associated brokers and companies performance , sales graph , buyer regions and current market price vs actual selling price
 
why is the seller selling the business, is there any issue , past 6 months performance , market impact and trends , associated brokers and companies performance , sales graph , buyer regions and current market price vs actual selling price
The reasons for sale is an excellent point of knowledge. The financials of the company may be clean and may look very good however there could be potential problems that are expected to arise that you are not yet aware off and this would be a good question to ask.
 
So when I written why is the business being sold " covers all what you said " hope the answer of your question and you are satisfied , it takes time to build a business
 
If you are looking to get into the business field there are two options. The first is to create your own business and have your own idea that you were implementing. However the second would be to purchase an already existing business and then take over the management of that business. Sometimes this could be a good option because you already have a business that has established itself with a reputation however what factors do you think are important when purchasing an already existing business? Personally I would look at the financial statements as well as the projected financial statements in order to see how the company is expected to grow. Are there any other factors that should be under consideration?
Well, it depends on the business. You need thoroughly examine the schemes, policies , terms of the schemes, expected ROI etc. Also you should ask about their back office address and communication method so that in case you find any difficulties you can contact them directly.
 
If you are looking to get into the business field there are two options. The first is to create your own business and have your own idea that you were implementing. However the second would be to purchase an already existing business and then take over the management of that business. Sometimes this could be a good option because you already have a business that has established itself with a reputation however what factors do you think are important when purchasing an already existing business? Personally I would look at the financial statements as well as the projected financial statements in order to see how the company is expected to grow. Are there any other factors that should be under consideration?
No doubt financial statement is most important thing to check before buying business. If business which we are buying also have some fixed property than it is must for us to have status report of this property from an expert.
 
No doubt financial statement is most important thing to check before buying business. If business which we are buying also have some fixed property than it is must for us to have status report of this property from an expert.
This is an excellent point of consideration and the property is very important because there could be issues relating to plumbing or any of the likes and this would affect your business in the future.
 
No doubt financial statement is most important thing to check before buying business. If business which we are buying also have some fixed property than it is must for us to have status report of this property from an expert.
I am in doubt what you are referring her by saying financial statement? If you are saying about the capital you invested in then I think that is not that important. Because you can manage capital from anywhere. What more important is the market startegy and execution of the strategy.
 
I am in doubt what you are referring her by saying financial statement? If you are saying about the capital you invested in then I think that is not that important. Because you can manage capital from anywhere. What more important is the market startegy and execution of the strategy.
I think that by financial statements, he is referring to the income sheet and balance sheet which says the expenses of the business and their sales and shows the profit. This way you can see the sort of expenses that are associated with the business to best describe how to manage them.
 
I think that by financial statements, he is referring to the income sheet and balance sheet which says the expenses of the business and their sales and shows the profit. This way you can see the sort of expenses that are associated with the business to best describe how to manage them.
To keep track of the balance sheet is a part of management. A skilled managerial approach will surely help to derive higher yield from the invested capital. We must always meticulously keep an eye on the income and the outcome of the capital so that a better management should be executed
 
I the question you need to ask and takr note of is the certificate and documents of the business. You really need to ask for that before buying the business
 
yes you are right proper documentation is important aspect and one should never ignore it any any cost , its more than important , should be checked and verified with concerned authorities before buying of a business
 
Is good to ask questions before buying business to know more about the business and how the business has been going if is progressing or not if you ask questions you will know everything about the business
 
do you think any hyip site tells when it will stop paying they never , such things are always kept confident and private and it comes from understanding and learning at the precise
 
I don't think any site tells when to stop playing because is not proper because if they tell nobody will be interested again even when the site start paying nobody will believe them again
 
do you think any hyip site tells when it will stop paying they never , such things are always kept confident and private and it comes from understanding and learning at the precise
You misunderstood. What he was trying to convey is that we must ask to the business representative that for how long they have been in the business. When they formed their business and what is their growth till now. It is certain that all business wants to stay in the market, and they will never tell you negative thing while selling their products or services.
 
Okay , yeqg that's fine I thought the other way because when taking about hyips usyaly such things cone to my mind and its good actually to ask questions
 
Okay , yeqg that's fine I thought the other way because when taking about hyips usyaly such things cone to my mind and its good actually to ask questions
If you are concerned about hyips, I must say that you must be extra careful. The reason behind that almost 90% of the hyips sites are scams. At first you need to figure about the sit, their plans, their mode of investment etc. When you are fully sure the only you should invest in such sites.
 
If you are concerned about hyips, I must say that you must be extra careful. The reason behind that almost 90% of the hyips sites are scams. At first you need to figure about the sit, their plans, their mode of investment etc. When you are fully sure the only you should invest in such sites.
I think that even when you are sure with a hyip site then it can still turn out to be a scam and the reason that i am saying this is that most of teh time there is no way for people to take your funds and double it for you in a few days, otherwise they would just be doing it with their own funds and having a lot of money that way.
 

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