A good rule-of-thumb is that you will need to have at least 20 percent of the purchase price on hand as down payment. Beyond the money, have a few good professional advisors. When you purchase a business, you inherit suppliers and other service providers, but it is in your best interest to have your own personal accountants and business attorneys to help you navigate the purchase process.
Business Seller Stories: The Realities of Buying and Selling
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