Business Buying FAQ

business buying FAQ

Question:

I have further interest, what should I do next?

Answer:

For professional assistance, contact us. Discuss your objectives and current position. Tell us the type of business and location that you are seeking.

We will then e-mail you an electronic document. This is the buyer profile sheet that qualifies you as a prospective buyer. You simply complete the document and send it back to us for review. Of course, if you prefer that we FAX you the information to be completed and returned by hand, we can do that as well.

Upon completion and review of the buyer profile, we will request the following information:

  • current resume
  • current financial statements

Once we complete these procedures, we will list you on our buyer database and begin searching for opportunities through our affiliated network of 1500+ nationwide offices. We will also list you in our national database for business opportunities around the country.

CFOne Advisory Group

1.571.306.3590 (DC)

1.804.527.1103 (Richmond)

or e-mail your questions to:
info@cfone.com

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business buying FAQ

Question:

Why do I need services of a broker like The CFOne Advisory Group?

Answer:

Qualifications needed to buy a business:

  • desire
  • commitment
  • willingness to negotiate
  • and most importantly, your personal skill set to make this business work

    Of course, if you need business services to expand your markets or streamline operations, we can help you with our network of small business professionals.

The CFOne Advisory Group can help you through these issues. We also counsel business owners on SBA loans and finance restructuring to ensure the best value for seller and buyer.

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business buying FAQ

Question:

As a potential buyer, what qualifications do I need to buy a business?

Answer:

Qualifications needed to buy a business:

  • desire
  • commitment
  • willingness to negotiate
  • and most importantly, your personal skill set to make this business work

    Of course, if you need business services to expand your markets or streamline operations, we can help you with our network of small business professionals.

The Novars Group can help you through these issues. We also counsel business owners on SBA loans and finance restructuring to ensure the best value for seller and buyer.

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business buying FAQ

Question:

What kind of companies will Novars Group present to me?

Answer:

You the buyer will qualify the business opportunities that you would like to see. We will match you with key businesses in locations you prefer. We select opportunities that fit your criteria.

In addition, your buying objectives (listed by industry type, size and location) will be listed on our Novars Group Business Listing network. This network is marketed to small businesses throughout the mid-Atlantic market. Sometimes business owners who weren't interested in selling initially may change their mind once they view your buying credentials.

You will also be listed (upon request) with our national affiliate network at BBN. This gives you the national exposure to business opportunities around the country. Likewise, we will work with our 1500+ affiliate network to explore opportunities in other locations. Like the Novars Group, these affiliates maintain their own network of business opportunities that are shared among affiliate offices.

In summary, you will receive the maximum exposure possible based on your specified criteria.

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business buying FAQ

Question:

Do you represent existing companies looking to expand?

Answer:

Yes. We can help you find the right business if you are looking to:

  • move into new markets
  • pick up new customers
  • expand your product line
  • offer a service to round our your product offering
  • increase sales
  • buyout the competition
  • other ________________________

Think about it. The cost of buying a business can instantly add new markets, customers, and processes that are far less costly than completing an expansion plan or implementing an expensive advertising campaign.

The Novars Group can assist you on your business search in any market. You will have access to a network of over 1500+ affiliated offices nationwide. We also maintain a business listing of small businesses nationwide. We can approach any business on your behalf to gauge their interest to sell.

Let us go to work.

CFOne Advisory Group

1.571.306.3590 (DC)

1.804.527.1103 (Richmond)

or e-mail your questions to:
info@cfone.com

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Helpful Tools

Some helpful forms business owners:

exit planning module
selling your business summary sheet
valuation calculators