How to Buy a Business at a Great Price
by Richard Parker
This is a comprehensive program containing over 400 pages of strategies covering the entire buying process.
Course Outline:
- Why Buy a Business and What to Consider
Personal, Financial and Professional considerations you must evaluate. - The Ten Commandments
A ten-point test that all good businesses must pass. - The Right Business for You
Key questions and exercises that will help you determine what type of business is right for you. - Timing
Avoid wasting time! How to navigate your way through the maze in half the time it takes others. - Where to Look
An examination of all the resources available to use and the best places to find what you're looking for. - Getting Organized
properly and staying on the right path. - Business Brokers
Starting off - a complete overview of how they work. Do you need one? How to hire one that will meet your needs. - Why Every Business is For Sale and How to Approach the Ones that Aren't
The ideal business may be staring you in the face. - Franchises - Are They For You?
They're not for everybody; how to find and buy a resale that's already successful. - Working with Professionals
How to hire the right lawyer and accountant PLUS eleven surefire ways to save a ton on their fees. - Basic Accounting
A straightforward and concise explanation of all accounting terms and learn how to tear apart and interpret financial statements in one lesson. - The Seller and Their Importance
They can be your best or your worst enemy. Getting them to agree to your major points. - Focusing on a Target
How to breakdown business for sale listings and focus your search on ones that make sense for you. - Visiting the Business - The Key Questions to Ask Every Seller
Preparing for the meetings; every single question you must ask and the answers you should look for. - Gathering Information on the Industry and the Competition
How to get crucial information directly from competitors and industry experts. - Valuing a Business
Learn a five-step valuation formula that guarantees you will never pay more than a business is worth. - Negotiating and Making an Offer
A complete breakdown of every detail to negotiate and the techniques to use for each. - Evaluating Personnel
Learn how to get full access to them and have them reveal what's really going on in the company. - Financing the Purchase
A review of all options available to you and a strategy to negotiate great seller financing. - Due Diligence - Investigating the Business
A 200-point checklist that will clearly teach you how to uncover everything before you buy! - Pulling the Trigger
Adding it all up and making your decision. - Post Purchase Priorities
A checklist and plan for your first 90 days after taking over the business.
For complete information go to: www.diomo.com