Business Buying Process You must first determine your investment. This typically requires the deposit of the buyer is 30% of the purchase price. For example, if the company is U.S. $ 100,000 purchase price and the loan amount is $ 70,000 (70%), the buyer's deposit should be $ 30,000 (30%). All other costs are enabling provisions, supplies and expenses escrow, licenses and taxes minus transfer fees (if applicable), etc. And then, we must define the criteria of the company. The location of activities, nature activities, price range of business processes that are the profits you want. Once you decide the level of investment and the criteria for the company, you must enter into a true business partner to meet your needs. local newspapers or through local intermediaries or real estate agent. If you are a business you want to buy, find, you should evaluate the transaction with the current owner's information on income and your expected turnover in the short and long term. And then you need to make informed decisions on business or is not for sale. If the company is good for you, you need a very descriptive and detailed contract in writing (purchase agreement to purchase). When you write a 'bid, you must ensure that the contract includes the following benefits: the offer price, the initial deposit, financing terms, closing date. Other conditions to be added to the contract, the buyer's credit decisions, hire and authorization to the owner of the lease, the purchaser of all licenses and approvals required, the franchisor you ' s approving transfer of property, the buyer's Books satisfaction and documents, the closing costs of distribution, the customer s training, office equipment and appliances in good condition, inventory and provides the number of competing sellersno agreement, "etc. Having finished writing a 'bid, you must submit your offer to the seller. Negotiations on price, terms and conditions and the final price and terms and conditions. Now you have the purchase price of the company to buy, sell. After the arrival of allocation of the purchase price, you must apply for loans, licenses and permits. and then you have a lease or sublease obtained. You must ensure that you receive a lease or license of death before closing, the trustee, regardless of what happened. And then the day before the deadline you need the list of devices when the contract of sale and purchase completed a review of inventories and deliveries. And then you can close the last day.
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