5 tips for buying a business [video]

Posted by James Price | JPAbusiness on 26-Feb-2020 02:00:00

Base jumper leaping from a snowy cliff

The following video features 5 tips that will help you take a planned and measured approach to what may well be one of the biggest financial investments of your life.

They're each important in their own way, but I must admit Tip 2 – 'Have passion for the opportunity' – is a key one for me.

Owning a business can be difficult at times, but it's easier to withstand those challenges if you have a 'fire in your belly' for what you do.

 

As we tell our clients, a good business purchase is about planning and ensuring you have plenty of information to base decisions on, rather than rushing in and letting emotions take over.

You can also use our free Business Buyer’s Checklist to help you ‘make a match’ between your requirements and risk profile, and the business you are assessing.

 

Buying a Business eBook | JPAbusiness

 

JPAbusiness offers a range of services for business buyers, including:

  • Business finder services
  • Valuations and market appraisals
  • Custom due diligence
  • Purchase negotiations support
  • Transition and business planning support.

For more information about our services, contact the team at JPAbusiness on 02 6360 0360 (Orange) or 02 9893 1803 (Parramatta).

How to conduct due diligence on a business purchase

 

James Price 2018 smallJames Price has over 30 years' experience in providing strategic, commercial and financial advice to Australian and international business clients. James' blogs provide business advice for aspiring and current small to mid-sized business owners, operators and managers.

 

Topics: Buying a business, Business Planning, Video, business advice, Business advisor, Parramatta, Orange NSW

 
Disclaimer: The information contained in this blog is general in nature and should not be taken as personal, professional advice. Readers should make their own inquiries and obtain independent, professional advice before making any decisions, taking any action or relying on any information in this blog. 
 
 

 

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