How Do You Buy A Business May 2026
Do you want to be an owner-operator (working 40+ hours) or an absentee owner? 2. Source the Deal There are three main ways to find a business for sale:
Why is the owner leaving? Is the business too dependent on the owner’s personal relationships? 5. Financing the Purchase Most buyers don't pay 100% cash. Common structures include: how do you buy a business
The seller "loans" you part of the purchase price (usually 10–20%), which you pay back with interest over time. This keeps the seller "in the game" to ensure a smooth transition. Do you want to be an owner-operator (working
This is the most critical phase. You are looking for "skeletons in the closet." You’ll want to investigate: Is the business too dependent on the owner’s
Much like real estate agents, brokers represent sellers. Building a relationship with a few local brokers can give you early access to "pocket listings."