BizSugar.com › Startups › Understanding the Finances of a Business Before Buying it

Before deciding to buy a business, it is very important to understand its financial situation. The balance sheet for the business for the previous five years is one way to learn how well the business is running. It should show both the expenses and sales the business generates. Look at the business over all seasons. You will also want to hire a team of professionals to help you with this process, including: