The Business Buying Process

The buyer (that’s most likely, you) finds potential business listings on a website. The business listing website provides the buyer with broker information and some basic insights like selling price and net profit.

Buyer contacts broker and signs an NDA to receive Profit & Loss statements of the business for the past 1 to 3 years.

At this point, the buyer is typically on his own to assess whether the potential business is a sound investment. Using the information the seller/broker provides or you input into our calculator, BizHound guides you by providing custom insights on key factors of the Profit & Loss statement, and ultimately helps you make a decision on the business you’re considering.