Steps to Success

• Carefully consider the decision to buy a business.
• Educate yourself on the type of business you would like to buy.
• Conduct research on options of businesses currently for sale.
• Determine how much money you can afford to pay.
• Contact and consult with your local SUNBELT broker on initial goals and criteria.
• Evaluate the businesses that are being offered for sale.
• Confidentially tour the businesses you are interested in with your SUNBELT broker, noting improvements or changes that you would like to make.
• Evaluate the location and "feel" of business.
• Through your SUNBELT broker, place a bid on the business or businesses in which you are interested.
• Engage in negotiations with the seller through your SUNBELT broker.
• Once an agreement has been reached, your SUNBELT broker will walk you through the details of finalizing a sale. Details include negotiations, new owner financing, complete documentation for the purchase and closing the purchase.
• Close the purchase.
• Congratulations! You are the new owner of your own business!