Buying a Business

• How much is the new business worth?
• Is the seller asking a fair price?
• What are the potential profits?
• What is the cash flow history?
• How will I finance the purchase?
• Why is the seller selling the business?
• Has the owner transferred intrinsic knowledge into the business processes? 
• What could be lost when the owner leaves?
• How can you prevent the previous owner from competing with you in the marketplace?

Selling a Business

• What is my business worth?
• What changes can I make to increase the assessor’s valuation?
• Have I transferred all intrinsic knowledge into my business processes?
• Am I ready to retire from this business? How will I feel if the new owner completely changes the business or runs it poorly?
• How will the sale affect my taxes?

The SCWBC can help you find answers to these questions, and more.  We offer a comprehensive range of programs and services designed for entrepreneurs wanting to buy a business, sell a business or transition a business and start a new venture (or retire!).  We provide training, technical assistance, one-on-one coaching, business valuation assistance, succession planning, financial counseling, and assistance to acquire debt and equity capital.  Because the SCWBC is funded through several government grants, many of our services are available at no charge or at a reduced rate.  Request a consultation with a business coach to get started.

If you’ve just bought a business and need help with specific issues or with growing it, see our thoughts on growing a business and solving a business problem.