strategic level based on the company's environment. Not to forget the fiscal risk, due to debts resulting from the decisions of the previous owner or manager.
Establish clauses and guarantees: to ensure the other party's commitments and avoid future disagreements. Establish very detailed conditions for termination and suspension, as well as possible compensation.
Close the legal details: starting phone number in india with a letter of intent, which establishes the bases for the future sales contract as well as the guarantees (for example, exclusivity).
a price depends on supply and demand, while the value depends on the acquired company's ability to generate profits in the future. To avoid devaluations in value, it is important that the former owner accompanies us during the first few months.
Secure financing: because without it, there can be no purchase. And if we resort to external financing, for example from a bank, I recommend that you follow these tips to avoid mistakes. Keep in mind that the granting of financing will depend on the solidity of the business and strategic plan.
Learn to be an entrepreneur: because after buying a business you have to know how to make the transition from employee to entrepreneur, which is not always easy when you don't have previous experience. It is advisable not to criticize previous management, and to surround yourself with an experienced team to accompany you on your first business venture.