Due diligence is all about getting to know a business before you decide to buy it. It's like doing your homework before a big test. It means researching and analyzing the business to make sure it's exactly what you expect it to be.

Great question! Buying an existing business has some clear advantages. You are taking over a business that is already up and running, so you know that it works. All of the pieces are already in place - location, staff, and you can start making money faster. AND, it's a safer bet for many people

Business Brokers are like personal matchmakers for businesses. They can introduce you to more options than you would find on your own. Business Brokers also help with negotiations to assure that everything goes smoothly.

Getting a bank loan for a business can be tricky, especially if you're new to that type of business. Business Brokers can introduce you to lenders that are a good fit. Also, many sellers are willing to help with financing, making it easier for you to buy.

Your BBA Sales Professional is your guide through the buying process.

We will help you step by step. We have special agreements that cover everything from simple details to tricky situations to make sure everyone's protected.

BBA recommends seeking professional legal advice to review documents related to the purchase of a business.

If a Seller has a Business Broker, different valuation methods can be used to determine the sale price. The sale price will take into consideration assets, inventory, income statements, property (if any), and equipment will be carefully considered, as well the intangible assets. Current income as well as past financial history and future projections and comparisons will be used to determine valuation.

It's a common misconception that businesses are only sold when they're struggling. In reality, there are many reasons why businesses are for sale. A thriving business is often among them.