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Just Elementary, Inc. » Entries tagged with "Buying"

The Missing Picture: Due Diligence

While you are analyzing a business for sale and after you have agreed to a preliminary terms to purchase a business opportunity, you are going to have to do perform and finish your Due Diligence. A quick note, you should consult with and hire legal and financial professional s to assist you with the process. Having been involved in many transactions, I can share some insight with you about the process and what to look for. Number 1 most important thing to figure out is why is the seller selling? Make sure it is a legitimate reason, such as a genuine retirement. Get to know your seller to the best of your abilities on a personal level. Meeting with the seller in casual settings … Read entire article »

Filed under: Business Opportunity For Sale, Business Tips, Negotiation

Buy a Low Basis (Distressed Assets)

You want to Buy low, so You can be like the Cowboy on the Right and Ride the Market Up to Sell High. And YES, This is the Market to BUY BUY BUY. If you are a CASH buyer with good credit and a solid track record then banks will talk to you.  Banks are sitting on a LOT of Distressed Assets in their portfolio.  They need to get rid of them as quickly as possible, at about the same speed we want to get rid of migraines. All Types of Assets from Commercial Real Estate, Residential Investment Properties to Small Businesses are available  If you have the CASH.  Banks want to talk to you.  Of course, they want it to be a quick conversation, along the lines of: Bank: “Mr. Buyer, … Read entire article »

Filed under: Business Tips