Difference Between Buying a Small Busines & Buying a Home

OK, all. Here's the first true question answering video in the series. Oddly enough, the thought that buying a small business is similar and as easy as buying a home is a huge misconception by many people. That even includes real estate brokers.

Many real estate people think because they can price a house, know how to go through the due diligence of inspecting kitchens, and are familiar with legal proceedings with house closings, that they can also help sell/buy a business. FALSE!!!!

This ends up being a rude awakening to all parties involved.

Everything (but a few very small commonalities) is different! Even how a business purchase is funded is very different.

Enough writing about it. Let's dispel this dangerous myth right now with the video below:

Feel free to pass this blog post along to a friend considering a small business purchase as well. Maybe even pass it along to a real estate broker that's thinking they have what it takes to add selling businesses to their real estate repertoire :-)

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To Your Business Buying Success

The Business Buying Guru