I have been looking at buying a business - and I am not sure of the questions to ask ...
I have my own business now ..out of my home doing the same thing .. but this would be a major expansion .. say going from 1 employee to 20 +
I have done this type of work forever so that is not the problem and I know how to do the books .......
What I am concerned about is what questions I can ask ..
And how much is stepping over the lines?
So hear is a little more info since I am now confusing myself .. I found a business for sale - person wants to retire ... I believe the set up and all comes together .. its been a back and forth e-mail. I will call today but am wanting more input before I do make that call so I dont sound like a idiot!
Oh this is the other thing .. I live in one state and will be relocating if this goes through ... how hard is it to finance something like this? Should the business itself be enough for the banks to lean on?
Thanks