“It makes more sense to buy a great business at a fair price than it does to buy a fair business at a great price.” Warren Buffet – Berkshire Hathaway With this in mind you are advised to gain a solid understanding of the sometimes complicated process of buying a business. We recognise that buying a business can be a stressful time; our excellent knowledge of business sales assists and supports you throughout the critical steps of the purchasing process. You will be aware that the seller and buyer are natural adversaries – the seller wants as much money as possible, and the buyer wants to pay as little money as possible. With your business brokers guidance you will need to find acceptable common ground and remember that a fair deal is actually the best deal. Finding a suitable business at a price and terms that are acceptable to you is just the start of the purchasing process. The real challenge in bringing a buyer and seller together is in closing a sale and handling the negotiations between a buyer and seller after an initial offer has been presented during the due diligence process. This is our strength. This booklet is designed to inform you about the processes involved in buying a business and the skills required for a successful purchase. Take some time to read this and if you have any questions please feel free to get in touch. A POSITIVE WAY TO BUY A BETTER BUSINESS eieio.co.nz
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