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Inform employees of your business plan, but take time to implement major changes. Last but not least, try to keep in touch with the prior owner. You never know when you might have a question or even need advice. Buying a business is hard work, but with patience and good legal advice, the hard work should go hand in hand with satisfaction and

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Starting a business from scratch can be challenging. Franchising or buying an existing business can simplify the initial planning process. Buy an existing business or franchise

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Create a thorough plan to transfer ownership, sell, or close your business. Get qualified advice and know what to do to tie up loose ends. Create a thorough plan to transfer ownership, sell, or close your business. Get qualified advice and know what to do to tie up loose ends.

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Mar 29, 2019 · How to Write a Business Plan. Creating a business plan will help you achieve your entrepreneurial goals. A clear and compelling business plan provides you with a guide for building a successful enterprise focused on achieving your personal

How to Purchase an Existing Business | legalzoom.com

The resulting document can serve as the blueprint for your business and be supplied to financial institutions or investors if debt or equity financing is needed to get your business off the ground.. Pros of using a business plan template: A good business plan template can help you get your thoughts organized.It can provide a guideline so you’re not stuck looking at a blank page trying to

How to Write a Business Plan (with Pictures) - wikiHow

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Mar 29, 2019 · The business experience you have can be turned into a positive as it relates to the business you want to buy. Quite simply you will need to degrade any risk the bank may perceive. Emphasize your experience to the bank, how you've succeeded in making a profit in the past, etc. Banks are risk adverse.