Buy Your Own Business May 2026

: A Letter of Intent (LOI) outlining price and conditions.

(Does it rely on one single client or relationship?). buy your own business

: Investigate options like SBA 504 loans if you are buying the business real estate, or "owner-financing" where the seller acts as the lender. : A Letter of Intent (LOI) outlining price and conditions

: Request three years of audited financial statements, tax returns, and current year-to-date unaudited statements. your final report should answer:

(Retirement vs. hidden liabilities).

: Use an Industry Report to check if the business is in a "maturing" area or if the population is moving away from the location. 4. Due Diligence Checklist for Buyers Before signing, your final report should answer: