Are you looking for a Vancouver small business?
By ebizniz on November 21, 2007 - 1:23pm
... there are many issues you need to consider. The most challenging task for anyone buying a Vancouver small business is to determine the "right" small business and "finding" the "listed or unlisted" businesses that are for sale. Searching for Vancouver small business listings to find the right business is not easy.
Buyer beware Unlike buying a home which is static and has attributes that are easy to understand, a small business is "dynamic" and there are many "pitfalls" and "unknown" issues that can cause you to loss money. The most serious problem can result in a buyer losing all his investment and possibly financial ruin. Here are some of the common problems faced by a small business buyer:
1) A buyer not knowing that the business is not suitable
2) Buyer has no business experience and fails to investigate the suitability and his ability to operate the business
3) Buyer has unrealistic expectations that he can improve the business he is buying
4) A Buyer failing to verify the accuracy of the information on the business provided to him
5) A Buyer failing to ensure he has a good lease in place that will not pose a problem when he wanted to sell his business
You can contact James Wong (604-721-4817) at at Re/Max Westcoast for a discussion on what you are looking for.
