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Session 12: Buying businesses

Session Quiz

  1. The biggest risk in acquiring a business is:
    2.

  2. Starting from scratch is inherently less risky than acquiring a business.

  3. It is a good idea to always change the name of a business as soon as you purchase it.

  4. One of the greatest risks is not being aware of all the seller's liabilities and problems.

  5. Who is your number one source of financing when buying a business is?

  6. One of the greatest advantages of purchasing a related business?

  7. The definition of Intrinsic Value is measuring value based on your industry's average price-earnings ratio.

  8. Which method should not be used to establish the value of a business?

  9. What are some of the risks in purchasing a business?

  10. An acquired business should be provided with ongoing funding in order to keep it competitive.

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spacer Deciding on a business | The business plan | Home based businesses | Financing the business | Business organization | Licenses and permits | Business insurance | Communication tools | Buying a business or franchise | Location and leasing | Accounting and cash flow | E-Commerce | Opening and marketing | Managing employees | Expanding and handling problems

Getting financial controls in place | Getting your team in place | Customer feedback | Achieving lowest expenses | Develop negotiating skills | Alternatives for capital allocation | E-commerce | Growth by duplication | Vertical integration | Franchising your business | Global expansion | Buying businesses | Public ownership | Selling your business | Considerations for family succession

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