Purchasing a business is a great decision—but when you let go with buying an existing business, you get the opportunity to become a businessperson without starting a business absolutely from scratch. Buying an existing business is so common because it lets you skip past some of the pain points and expenses of starting a new business. But the journey from choosing a business for sale to closing the deal can be lengthy and complicated. Before you begin the journey of buying a business of your own, learn everything you need to know to avoid buyer's regret. Here's a rundown of how to buy an existing business, from start to finish.
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