GET FOCUSED

Decide on the type, size, and location of a business that fits your background,experience, expertise, interests and budget.

SECURE FINANCIAL BACKING

This might include financial partners, investors, or third-party financing through a lending institution.

PUT TOGETHER A TEAM

A Team of advisors that you can trust could include business partners,
financial counselors, attorneys, bankers, etc.

DETERMINE HOW MUCH TO INVEST

This includes a down payment, which would be liquid, unsecured funds that can be accessed within 30 days.

SET A TIME FRAME

Acquire a business within a period of months.
Business transfers are time-intense projects that often take longer than expected. Be patient, yet intentional.

PREPARE A PERSONAL PROFILE and FINANCIAL STATEMENT

This could be an up-to-date resume' or biographical sketch
and a personal net worth statement (assets and liabilities).

ENGAGE THE SERVICES OF A BUSINESS BROKER

Ask for references, affiliations, credentials, etc.

SEARCH FOR BUSINESSES

There are several good business brokerage sites on the Internet.
Other sources include trade publications, Biz OP ads in newspapers, CPA's and attorneys.

KNOW THE FORMULAS

Most businesses today are sold based upon a multiple of owner's discretionary cash flow. Multiples will vary based on the type of business
and the assets being sold.

BE SERIOUS

Don't waste your time, as well as the time of Sellers and Brokers,
by just "kicking tires."


SERVICES PROVIDED TO BUYERS BY THE KUBY COMPANY

• Access to a data base of 12 million businesses nationwide
• Targeted search to find businesses for sale
• Confidential direct contact will Sellers on behalf of the Buyer
• Secure essential data on the business from the Seller for Buyer
• Prepare and package a Profile on the business under consideration
• Represent the Buyer in negotiations with the Seller
• Involvement with Closing attorneys until transaction concludes

Hundreds of Businesses For Sale can be found by visiting

www.BBN-net.com

WORDS of WISDOM...

The Lord demands fairness in every business deal.                              He established this principle.
                                                    Proverbs 16:11, The Living Bible