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Buying a Business For Dummies
book

Buying a Business For Dummies

by Eric Tyson, Jim Schell
April 2024
Beginner content levelBeginner
304 pages
6h 58m
English
For Dummies
Audiobook available
Content preview from Buying a Business For Dummies

Chapter 9

Moving into Your Business

IN THIS CHAPTER

Bullet Notifying creditors of the transfer of ownership

Bullet Putting together a business plan, mission statement, and financial framework

Bullet Choosing the business entity

Bullet Getting to know your customers and winning over employees

Bullet Implementing small changes and asking the prior owner and a tax advisor for advice

If you’ve made it through the searching, researching, negotiating, and closing phases, you’re now a bona fide small-business owner. Congratulations and welcome to your new business! You’ve completed a lot of challenging and important work and should feel proud of yourself.

This chapter describes the tasks to take care of as soon as possible after your deal is closed.

Getting Important Things Down on Paper

As you move into your new business, take care of the following important items right away:

  • Disclosing ownership transfer: Notify creditors of the transfer of ownership. In the counties where the company does business, publish a transfer-of-ownership ...
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Publisher Resources

ISBN: 9781394245758Purchase Link