Buying Into An Existing Business -

Does one customer represent more than 20% of the revenue? 5. Valuation and Financing

Before spending thousands on legal fees, ask the "Three Whys": buying into an existing business

You are an outside manager who buys into the company and joins the existing management team. 2. The Search & Sourcing Does one customer represent more than 20% of the revenue

A common path for US buyers, often requiring only 10% down. buying into an existing business

Check for upcoming lease expirations, new competitors, or changing regulations. 4. Due Diligence (The Deep Dive)

Review at least 3 years of tax returns, P&L statements, and balance sheets. Watch out for "owner add-backs" (personal expenses run through the business).