You want to buy a business? Congratulations! Make sure you know how to analyze every bit of the business before you buy. Do you what documents to look at? Do you know to ask for what the seller won't show you? Buying a business is very tricky and you can save thousands if you get some expert advice.

1. www.TeachU.com (530) 467-5690 Chris@TeachU.com
Buying a Business
You Can Get a Great Deal

2. www.TeachU.com (530) 467-5690 Chris@TeachU.com
Why TeachU
TeachU has made a lot of money for clients just like you.
By showing people how to do things better, solving problems and introducing new ideas, TeachU has built a loyal client base reaching back 30 years!

3. www.TeachU.com (530) 467-5690 Chris@TeachU.com
Buying a business
The easiest and quickest way to get into your own business is to buy an existing business.
That can also be a quick route to financial ruin.

4. www.TeachU.com (530) 467-5690 Chris@TeachU.com
Pitfalls of Buying a Business
There are dangers in buying a business:
•
Pay too much
•
Buy a failing business
•
Discover liabilities
•
Market shrinking

5. www.TeachU.com (530) 467-5690 Chris@TeachU.com
Pay Too Much
In nearly every case, people pay more for a business than they should.
It is very difficult to set a value on a business but with the help of an expert, you can get your best deal.

6. www.TeachU.com (530) 467-5690 Chris@TeachU.com
Avoid Risk
As a potential owner, you need to be very certain the financial statements are in perfect order and that you understand everything on them.
You could end up assuming a huge liability.

7. www.TeachU.com (530) 467-5690 Chris@TeachU.com
Is The Business Strong?
What if you’re told, “the owner is tired. With a new owner and fresh energy, this business will really take off.”
That means the business is in trouble. You can negotiate a lot better deal.

8. www.TeachU.com (530) 467-5690 Chris@TeachU.com
Is the Market Changing?
Don’t buy into an industry that is on the way out! This is a very common mistake.
Be careful that the industry is not being consolidated by larger players. It is hard to compete against huge players.

9. www.TeachU.com (530) 467-5690 Chris@TeachU.com
Consolidation
For example, owning a small grocery store 30 years ago meant owning a great business.
Today, with the advent of the super-store, the small market struggles to survive.
Lots of industries are consolidating.

10. www.TeachU.com (530) 467-5690 Chris@TeachU.com
Protect Your Money
What you pay for the business is cost. You should amortize that over a short time, say 10 years at 5%.
If you had to make those payments, would the business still be profitable? If not, invest your money at 5%!

11. www.TeachU.com (530) 467-5690 Chris@TeachU.com
Get Advice
When you are considering investing a lot of money, get expert advice.
You’d have a mechanic check out a used $15,000 car, why not get input on a $1 million business? It makes good sense.

12. www.TeachU.com (530) 467-5690 Chris@TeachU.com
Have Someone Do the Tough Stuff
Can you stand firm and say “no”?
Why not let a professional negotiate a better deal? Let someone who does not have an emotional investment work to save you money.

13. www.TeachU.com (530) 467-5690 Chris@TeachU.com
Reverse Commission
I work for you on reverse commission.
You pay a percentage of what you save. The percentage depends on the size of the deal but you only pay from the savings, not the sale amount! The lower the price, the better for both of us.

14. www.TeachU.com (530) 467-5690 Chris@TeachU.com
Before You Sign
Before you take that great deal, talk to me. I have an easy, secure video conference system.
We’ll talk about the business you want to buy. If it sounds good, I’ll go to work to lower your price.

15. www.TeachU.com (530) 467-5690 Chris@TeachU.com
Don’t Wait, Call
Call:
(530) 467-5690
Email:
Chris@TeachU.com