02nd Dec 2007
Are you ready for that Golden Opportunity?
If someone said, “I have the perfect practice for you to purchase, but you have to act TODAY,” would you be ready? It might happen; as a matter of fact, it did happen to a new DC I know. She was ready because:
Her business plan was prepared (in general, not the specifics of this business)
Her credit rating was impeccable
She had established a relationship with a bank
She had lined up a CPA and, most important, an attorney
Her bank gave her a letter telling the seller that she was approved for the loan. She is in the proces of working with her attorney to put together a preliminary contract. She is in a position to take over the business early next year.
If you found the perfect practice to buy and you had to act quickly, would you be ready? Think about it. Then go through the list above, check StudentDC.com for specifics on
- checking your credit
- finding a CPA and attorney
- preparing your business plan
- working with a bank, and …
Go for it!
Leave a Reply