subject: Things to Watch Out for When Buying a Business [print this page] Even if the business is a going concern, you will have to create a business plan to establish your financial goals and show how you plan to achieve them. (If you are relying on the financial support of a lender, your bank will want to ensure that their investment in buying a business is not at risk.) Also, when you buy a business, remember that you are going to need some operating capital to keep it running.
Things to Watch Out for When Buying a Business
By: Peter Watson
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