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Hiker on Edge

Prepare to Buy a Business in Advance

Our #1 recommendation is to prepare to buy a business in advance. Proper preparation is critical if a buyer desires to purchase an established, profitable company for the lowest price and best terms possible. 

Here are some example of ways you can prepare-

                        Step #1 If possible, get direct work experience in the industry you plan on buying a business in.

                        Step #2 Save up a 10% down payment for the sba 7a loan program or 50- 100% for a non sba acquisition.

                        Step #3 Keep your credit score as high as possible

                        Step #4 If you don't have a formal business education then read books about all aspects of running a 

                        buying and running a small business. 

                        Step #5 Build a resume. 

                        Step #6 Spend extra time and attention learning about the importance of due-diligence. Due diligence will not                          be performed by our brokers. This is the responsibility of the buyer. 

If buying a business for the lowest price and best terms possible is important to you then schedule a free initial business valuation with one of our certified digital brokers.


“Working with Digital Brokers has been a great experience from the very begining. Even though our e-commerce business has been around for 20 years we still worried that it might never sell. Not only did the deal get done but it was 90% cash upfront secured by an sba acquistion loan that our broker arranged for the buyer. We plan on recomending Digital Brokers to anyone we know. They have truly changed our lives, as we are able to enjoy our retimement rather than being stressed out all of the time while trying to keep up with customer demands and expectations.

Albert G. Virginia

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