
These are my top 5 tips to strategically buy a business.
- Narrow down to a service type, industry, type of problem you want to solve. Assess whether there is a cultural fit. Ask the owner, "what's the work culture like?"
- Identify synergies. Are there any synergies with your existing operations or long term plans?
- Market positioning. Do a quick search on google, check out the client reviews, assess their reputation.
Searchers, what are the most important factors when considering to buy a business?