Things Commonly Overlooked Before Buying a Business, Part 1

By Ray Pinard | May 2, 2013

Important information from Free Enterprise

You are ready to grow, have the resources to spend and want to purchase an ongoing business concern.

Especially now, the present economy offers many delectable opportunities. Many businesses are being offered at lower prices due to recent drops in sales. If you have cash, or access to financing, that puts you in an enviable position. The decrease in availability of credit has caused a slump in business transfers. In fact, SBA’s 2012 budget for lending was down 45% from 2010. With the impending retirement of the baby boomer baby boomer population, millions of businesses are up for grabs. It is well known that a driving factor for many sellers is their impending retirement.

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