Comments on: Questions to Ask When Buying a Business

By: Planning for Purchasing a Business | Business Plan

Planning for Purchasing a Business | Business Plan — Sat, 15 Aug 2009 10:39:09 +0000

[...] Start with existing information Start with the information you get from previous owners. Ideally, during the purchasing process, you received a business plan from the previous owners. One of the important functions of a plan is to define business prospects, therefore, sophisticated business sellers normally use a business plan as a selling document. It should contain information about business history, financial history, previous management, and possible prospects. You may want to read through a related article on this site, Steven Windhaus’ recommendations for questions to ask when buying an existing business. [...]

By: Lessons I Learned Today 6/30/09 – Getting to Know You; Science Lab 101 « Applied Entrepreneurship

Fri, 24 Jul 2009 13:37:07 +0000

[...] *Questions to Ask When Buying a Business by Stephen Windhaus [...]

By: Joe Hold

Joe Hold — Tue, 21 Jul 2009 01:28:06 +0000

Where can I get comparison data on small business financials such as ROI, cash flow, return om equity,. ?

By: Gary Landa

Gary Landa — Sat, 10 Jan 2009 18:58:31 +0000

Keep in mind the economy is changing very quickly and the profitability of the company in the past may be significantly different now than one year ago. Last year’s financial statements reflect the first 6 months of the year which may have been above average, the last 6 months may have been poor but overall, it may look profitable when in fact the company is currently experiencing losses.

By: Everett

Everett — Wed, 24 Sep 2008 17:51:55 +0000

Thank you.
The information was very helpful.

By: Gregory

Gregory — Sat, 26 Jul 2008 20:52:53 +0000

Very well laid out for those of us purchasing an existing business for the first time. It fills out those areas that I might have missed.