First Time Business Acquisition

March 20, 2025
by a searcher from University of Pennsylvania - The Wharton School in Tampa, FL, USA
I am a self-funded searcher, just a couple of weeks away from closing on my first business acquisition. As a first-time business owner, I’m finding it challenging to grasp what needs to happen on Day 1—things like transferring bank accounts, insurance, and other essentials to the new entity feel overwhelming and unclear. Could someone offer guidance or, ideally, provide a checklist for the first week to outline the key steps I should take?
from Northwestern University in Chicago, IL, USA
from Pace University in New York, NY, USA