Buying or Selling a Business with Mel Vaz

These are great points to keep in mind when seeking alternative start-up funds.  http://www.forbes.com/sites/amyfeldman/2016/01/28/the-tax-consequences-of-crowdfunding/#219b25c43d2b

1.  I want a transaction to make sense for both buyer and seller.  I recommend that all buyers carefully review our buyer registration form before signing anything.  Feel free to ask questions.  This reduces confusion and/or mis-communication for both of us.     2.  All of my seller clients will be asked to sign a business profile form in which they attest that all figures they have provided are true and accurate.  I cannot make any representations toward the accuracy of any figures because I do not own or run the business.   I expect sellers to be honest as it is in their best interest and that of the potential buyer.  Any inflation of numbers is to the detriment of all parties.  I highly recommend that all potential buyers use an accountant to help in reviewing financials for their own protection.   3.  Remember, some sellers keep better records than others, but most are doing their best to keep accurate records.  These are hard-working business owners that have spent coun

https://soundcloud.com/user-404887091-17913255/out-of-the-box-with-mel-vaz-li-news-radio-interview

What It Takes To Buy A Business   “The 20 Step Buying Process”   1.       Commitment:   Your commitment to purchase a business at price and terms consistent with the marketplace.  You’ve thought through your business objectives and are prepared too move swiftly, if and when the right business is presented to you. 2.       Disclosure:   You sign an agreement promising to maintain confidentiality for all the information provided to you on the business we discuss. 3.       Background Information:   You provide us with information about yourself. The more we know about you, the more we can find a business you will like. 4.       Review:   You and your Vested Business Broker will discuss and review various types of businesses that interest you plus, the financial parameters associated with your search. 5.       Showing:   Your Vested Business Broker sets-up an appointment to show you the business you have shown interest in and provides important information regarding the oppo