Meet the owner to understand why they are selling (e.g., retirement, health issues) and see if the business truly matches the reported complexity.
Once a target is identified, you must verify basic fit before moving to a formal offer. how to buy a company
Before looking at listings, define your "buy-box"—the specific parameters of the company you want to acquire. Meet the owner to understand why they are selling (e
Review the Confidential Information Memorandum (CIM), which acts as a marketing "sales pitch" for the business. Size (revenue/profit targets)
Find opportunities through online marketplaces (like BizBuySell or Flippa ), business brokers, or direct outreach to owners. 2. Evaluation and Initial Contact
Focus on a specific Industry (e.g., HVAC, plumbing, accounting), Size (revenue/profit targets), and Geography .