Selection

                                       Identifying a Business to Purchase

Make a list of the most important criteria to you, such as type of business, size, location, maximum price, etc., and begin exercising patience. There are any number of online databases, newspaper advertising sections, and local business brokers who represent businesses for sale.

Non-Disclosure Agreement

Once you have identified a potential acquisition, you should be prepared to sign a non-disclosure agreement. These agreements are usually straightforward: if it is not straightforward, don’t sign it.

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