Enter Topic
Purchasing A Small Business
Part one of term paper
Financial Management for the Small Business
Outline
I. Deciding to buy
A. Why buy a small business?
B. Starting out-the nine steps
C. Initial details to consider
1. Are partners needed?
2. Economic factors
3. Is the location acceptable?
4. Tax strategy
II. Where to start
A. How much income is needed?
B. The "Thirteen Steps" to acquirin ...
Part two of term paper ... Method
b. Discounted Cash Flow Method
c. Excess Earnings Method
B. Calculating goodwill
C. Setting the purchase price
D. The letter of intent
IV. Finding the initial capital
A. Sources of financing
1. Traditional sources
2. Nontraditional sources
B. Guaranteed loan programs
V. Closing the deal
1. Get a lawyer
2. Audit review
3. The closing
VI. The rewards of working for yourself
The decision to purchase a business of your own is not an easy task. There are many things to con ...
Word count: 2791 | Approximate pages: 11
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