How to evaluate a potential business acquisition
If you have decided on buying an existing business, the most important next step is determining what that business is worth. You as the buyer is hoping to acquire the business with as little financial outlay as possible. The seller, on the other hand, is hoping to sell the business for as much as possible and often attributes value to considerations that may have little or no bearing to the value of the business. For this reason, it's important to have the business properly evaluated by expert business valuators.