If You Are Even Considering Buying a Business and Becoming an Entrepreneur, Then You Need to Listen to This Episode Before Doing Anything Else!

Lots of people dream of owning their own business. They have that entrepreneurial itch that needs to be scratched. But most start-up businesses fail because they are hard to get started and grow.

But what if you were to buy an already thriving business? How would that work? To answer those questions I spoke with CFO and business advisor Karl Maier. He has some great tips and ideas on how to be successful in buying a business.

In this episode you will learn:

• • How to start discussions with a potential business seller
  • What a letter of intent is and how it works
  • What critical information you should get from the seller about the business
  • What terms you should negotiate
  • Ways to get the money for the purchase

Links & Resources

• • Karl's Web Site: www.abunden.com

If you enjoyed this episode, you might also like:

• Episode 94: Tyson Franklin on Selling Your Business
• Episode 138: Why Most Small Businesses Fail
• Episode 124: Growing a Small Business
• Episode 98: Expanding Your Business with Somnath Sikdar

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