A. The process of buying a business can be a complicated one, but Synergy Mergers & Acquisitions can streamline the process for you. Here are the basic steps involved:
- Identify your objectives for buying a business.
- Search for the available businesses (both on and off the market) – This is where a business broker like Synergetic Finance can be very helpful.
- Research the details through by visiting the business and analyzing both the financial and non-financial data.
- Establish the value of the business and structure the terms of the purchase offer.
- Negotiate with the Seller to conclude at a mutually acceptable purchase price.
- Coordinate closing the transaction.
- Perform post-purchase audit.
Depending on your business background and experience, purchasing a business can be a rewarding experience. But it isn’t without its challenges. To prepare yourself to do things the right way, contact Synergetic Finance for an initial consultation.