Buying an Existing Business - Based on my recent experience

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dimple2001
Member since: Apr 04

Posts: 2873
Location: Western Hemisphere
Post ID: #PID

Posted on: 01-11-10 14:09:40

Quote:
Originally posted by web2000

The posts are well written and may be helpful for those who are thinking to start a business.

From my personal view these are more daunting and would rather discourage most of the people to start a new business.

Thank you.

My posts are strictly for someone who might think of buying an existing business. Starting one new will have its own set of due diligence and items to take care of. It sure looks daunting, but as I said earlier, most of it is for the buyer's protection. After all, who would want to buy something without knowing the financial situation of the business in great detail.

Even if it feels daunting, a motivated buyer/entrepreneur will have no problems dealing with it. I was excited although there was lots of work I needed to do to bcause I wanted to make sure I was convinced of every information I received.

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Dimple2001

dimple2001
Member since: Apr 04

Posts: 2873
Location: Western Hemisphere
Post ID: #PID

Posted on: 01-11-10 14:11:07

Quote:
Originally posted by AshwaniG

This is indeed one of the best information that is ever posted on CD .
The information provided is quite exhaustive .
OP has dedicated his valuable time to provide each and every possible detail .
I am sure that many of us will not do certain mistakes that we were bound prior to the information provided .
Once again thanks for sparing your time and posting .
God Bless you .

AG

Thank you.

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Dimple2001

newboyo
Member since: Nov 05

Posts: 253
Location: TO
Post ID: #PID

Posted on: 01-11-10 14:51:33

Hey there Dimple,

I've been a banker for 20+ years and this is an extremely methodical, well thought out and detailed sequence of steps. Brilliant job.

Rgds

New

dimple2001
Member since: Apr 04

Posts: 2873
Location: Western Hemisphere
Post ID: #PID

Posted on: 01-11-10 15:06:12

Quote:
Originally posted by newboyo

Hey there Dimple,

I've been a banker for 20+ years and this is an extremely methodical, well thought out and detailed sequence of steps. Brilliant job.

Rgds

New

Thank you.

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Dimple2001

imwhoever
Member since: Aug 09

Posts: 277
Location: My laptop
Post ID: #PID

Posted on: 01-11-10 17:10:43

thank you for taking pain to write such a detailed post..

Ash20
Member since: Apr 06

Posts: 443
Location:
Post ID: #PID

Posted on: 01-11-10 17:28:23

Excellent Post.

chekram_04
Member since: Nov 06

Posts: 427
Location: Mississauga
Post ID: #PID

Posted on: 01-11-10 20:22:28

Thank you very much for sharing a valuable informations.

Contributors: dimple2001(23) Ash20(1) peacock1(1) chekram_04(1) tamilkuravan(1) jonav(1) manserwadekar(1) web2000(1) 7wonders(1) hchheda(1) AshwaniG(1) dudewheresmycar(1) Maharaj(1) newboyo(1) booradleysmart(1) mkannuri(1) imwhoever(1) people99(1)

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