Buying a business is a big decision, but it allows the buyer to become an entrepreneur without having to create a business from the ground up. Thousands of companies change hands every year, and that figure is expected to rise dramatically in the coming years as millions more baby-
boomers retire and sell their businesses.
However, the process of locating a firm for sale and completing the transaction may be lengthy and difficult. The prospective purchaser would be wise to have experienced support and use a step-by-step
checklist when purchasing an established firm.