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Episode 215: Purchasing a Business with Karl Maier
Manage episode 457770063 series 1404006
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.
- 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
162 Episoden
Manage episode 457770063 series 1404006
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.
- 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
162 Episoden
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