Tuesday, September 23, 2008

Pitfalls of Buying a Business Directly from a Seller

Here we are with the last video on this series. Although I will obviously keep posting blogs about buying a business, for now this will be the last video before the launch of the best business buying toolkit you can get your hands on.

Preparation, funding, finding, valuations, offers, due diligence, paperwork/forms, closing the deal. You name and I cover it as well as give you the tools and sample documentation you need to get this transaction done right.

I decided that I wanted to make the last question answered via video about the dangers of buying a business directly through a Seller. Many transactions are done Buyer to Seller but in these cases, the Buyer almost never is working on a level playing field.

Without some kind of intermediary involved, things get out of control and the Buyer, who is usually not familiar with any of the business buying process, is very often in an awkward and dangerous position.

Watch the video to get a better understanding of why not having a buffer that knows the business buying process (and I am not referring to an attorney here) between you and a Seller is a bad idea.


video

Keep your eyes open to your email. We're counting down to launch time. Only 2 days before you can grab the toolkit that will protect the major investment you are getting ready to make by making sure you are prepared before, during, and after the transaction.

To Your Business Buying Success

The Business Buying Guru

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