Buy Your Own Business May 2026
: Systems must not "live in the owner’s head." The business should run effectively without the current owner.
: Investigate options like SBA 504 loans if you are buying the business real estate, or "owner-financing" where the seller acts as the lender. buy your own business
(Does it rely on one single client or relationship?). : Systems must not "live in the owner’s head
: A Letter of Intent (LOI) outlining price and conditions. and current year-to-date unaudited statements.
: Request three years of audited financial statements, tax returns, and current year-to-date unaudited statements.