Business is advertised for sale the proper approach is through the channel defined in the ad sometimes buyers will contact business brokers to help them locate potential target companies if you have targeted a company in the hidden market an introduction from a banker accountant or lawyer often is the best approach during this phase the seller checks out the buyers . The option to buy an existing business can be appealing to many potential small business owners however it comes with advantages and disadvantages the key is finding the right type of business for you find find the right business look look beyond the financial accounts close close the deal under stand understand the buying process find the right business once youve decided to venture . If you buy assets then you will not generally speaking be responsible for the past liabilities of the business an exception is environmental liabilities where you are buying land you want to make certain however that the seller sells you all of the assets you need for the operation of the business and that you will receive those assets free and clear of all claims and encumbrances . Start or buy a business do you want to start your own business theres a lot you should know about how to start a company or purchase a business for sale get the details about everything you need to consider from financing business planning and marketing to franchise opportunities in canada make informed decisions and get started on the right path start your business what does it take
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