Before beginning to look for a business to buy, define your criteria. Things to consider: geographic area; amount of time you have available to manage your business; required cash flow and size and type of business that match your financial resources and your skill set.
Owning your own business can be both emotionally and financially rewarding. As with any investment, there are risks but based on our experience helping thousands of people buy a business that fulfilled their expectations, we suggest the following:
Interview and select a broker. Look for an experienced business broker who can help you avoid the pitfalls and mistakes that buyers often make. Select a broker who is willing to invest his/her time to gain a thorough understanding of your objectives and who has access to the largest inventory of businesses for sale in your area (we have hundreds of businesses for sale at any one time) and whose priority is to find you the right business regardless of whether it is his/her own listing. Search Businesses For Sale Now.
If you are looking for a larger business, represent a private equity group or a corporate buyer check out our businesses priced over $2 million or if you are planning to sell a business that may be of interest to a private equity group or strategic corporate buyer, contact our M&A group, BTI Group Mergers and Acquisitions.