Buying An Existing Business Part VI of IX

Finding The Right Business

There are different ways to find and purchase a small business. You might seek out business brokers that specialize in selling small businesses; you can search the Internet, look in the Newspaper Classified Advertising under business for sale, ask friends or even drive around searching for a business.

Here is a list of additional resources:

The Yellow Pages
The Public Library
Business Opportunities Advertisements
Trade Magazines
Trade Organizations
Suppliers
Bank Trust Departments.
Accountants
Commercial Real Estate Firms
The Secretary Of State
Attorneys
Place Your Own Advertisement
Professional Business Brokers

A few words regarding Professional Business Brokers:

Using a Professional Business Broker to discover businesses for sale, reduces the buyer’s time and effort to do that work, and also reduces the loss of enthusiasm caused by failures and rejections. The Professional Business Broker also finds businesses that the buyer might never locate through his/her own efforts.

Moreover, if the buyer is not sure of the type of business being sought the broker can make suggestions. Here, however, I must warn you: not all brokers are good judges of buyers’ qualifications. The problem, therefore, is you could waste time pursuing an unsuitable business.

And finally, you don't have to limit your search to businesses that have been listed for sale. Should you find a business that you might be interested in owning, seek out the owner and let him/her know your interested in purchasing the business.

You can find many small businesses sale. You can find many great deals. Finding them is not the problem. I have found thousands in my 25 years as a Professional Business Broker. The big problem is making certain that the business will do what the seller says it will do.

DISCLAIMER: The purpose of the information contained within this Blog is to provide general guidelines for various subjects of interest. Your use of this information is at your own risk. Each user of this Blog should consult a qualified professional who understands the user's particular factual situation before making decisions, and PRO-BIZ marketing, LLC makes no express or implied representations or warranties. PRO-BIZ marketing, LLC does not guarantee the completeness, accuracy or timeliness of this information.