BizSugar.com › Startups › Tips for Business: 5 things to consider before buying an existing small business

Acquiring an existing business is a process. It often focuses specifically on the legal process of transferring a business from an original owner to another owner. However, before you consider how the legal process works, consider the value in making such a transfer happen. It can be exciting and overwhelming to purchase an existing business. It also means taking on a great deal of responsibility in the process.