There are several advantages to buying an existing business as opposed to starting your own. However, purchasing a business requires the consideration of many factors. Before purchasing a business, you must perform due diligence, which will provide you with access to the business inventory and equipment, financials, contracts, intellectual property and any outstanding legal matters. Carefully reviewing these details helps you determine the risk involved and provides you with a stronger position for negotiation. Proper valuation of the business is also critical, but can be a precarious task.

We can guide you through this process and ensure that you make an informed decision.