Topics covered by this course include:
The pros and cons
Finding businesses for sale
The key questions to ask
Valuing the business
Negotiating the offer
Structuring the transaction
Financing the purchase
Performing due diligence
Creating a business plan
Post purchase priorities
Course Objectives
To help you understand the pros and cons of buying a business.
To review the key questions you need to ask when buying any business.
To demonstrate the best ways to negotiate the sale of a business to get the best price
To checklist those items you need to collect when performing your research and due diligence.
To present the factors involved in structuring the deal and obtaining financing.
Topics covered by this course include:
Defining the mission, vision, and goals
Understanding the management trinity
Determining feasibility and risk
Marketing products and services
Managing and operating the business
Handling the money and the finances
Hiring and managing employees
Getting licenses and permits
Protecting your ideas
Growing by adaptation and experimentation
Course Objectives
To assist in the development of a mission, vision and set of goals for starting a new venture.
To present the necessary tasks you must accomplish and what aspects of risk you need to consider.
To understand the management trinity: money, marketing, and management.
To present the legal aspects of obtaining licenses and permits and how to hire employees.
To show how to protect your business ideas.
To demonstrate how successful entrepreneurs grow their businesses by adaptation and experimentation.
