10 reasons to buy business in Canada
Questions to Answer Before You Buy
The key to successfully purchasing a business is to fully investigate before you commit yourself. It is important to find suitable answers to the following questions.
Sales
What's the future of your product or service? Is it expanding? Becoming oversold? Obsolete?
Is the location good, or is it the reason for the sale?
Have all sales been reliably recorded? Are the total sales broken down by product line if applicable?
Are bad debts deducted from records or are they still shown as receivables?
The key to successfully purchasing a business is to fully investigate before you commit yourself. It is important to find suitable answers to the following questions.
Sales
What's the future of your product or service? Is it expanding? Becoming oversold? Obsolete?
Is the location good, or is it the reason for the sale?
Have all sales been reliably recorded? Are the total sales broken down by product line if applicable?
Are bad debts deducted from records or are they still shown as receivables?
posted by Jack Danielsen at
4:22 AM
5 Comments:
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