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Read the first 7 pages of this valuable eBook to prove that this eBook has the potential to make you money. Then flip to Page 8 to find out how to purchase this complete eBook now.

Gregg Soule
3450 Pilgrim Ct
Kissimmee, FL 34744-9326

e-mail questions to greggsoule@aol.com

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Some Tips On What To
Look For When You Buy A Business.

1.How is the seller living? Do his/her claims of success appear compatible with his/her standard of living?

2.If the seller will not allow you to audit his/her books before making a purchase, you should think about doing business elsewhere.

3.You should ask what a seller has to hide if he/she will not let your accountant or lawyer review the company books or financial statement.

4.Make certain the office equipment (typewriters, copy machine, computers, office furniture inventory, etc.) is paid for. You do not want to buy a business and have part of it repossessed.

5.If the business owner claims to have been operating for years but has no tax returns to show you, you will have nothing to go by except the seller’s word. That may not be enough.

6.Sometimes you will find a business that has brought in more money than shows on the books. This is done by “skimming” a percentage of sales off the top. Keep in

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‘It requires a certain kind of mind to see beauty in a hamburger bun. Yet, is it any more unusual to find grace in the texture and softly curved silhouette of a bun than to reflect lovingly on. . . the arrangement of textures and colors in a butterfly’s wing?’
	Ray Kroc

	‘You have to have a dream so you can get up in the morning.’
	Billy Wilder

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mind that if the seller will defraud the government, he/she may feel quite comfortable in defrauding you as a buyer. Don’t get cheated when you buy your first business. There are many people who will mislead.

7.Remember, if you purchase a business and the seller owes back state sales taxes, you could be held liable.

8.Never let a seller rush you into a purchase, even if it means little or nothing down, unless you can verify all available records.

9.If there is a large inventory, either do the inventory yourself, or have an inventory firm do it for you. Never agree to the owner’s inventory of stock.

10.Never assume the lease on a business is assumable. Check it out. Many are not.

11.While a business loan may be assumable, interest rates may increase. It is important to keep interest rates as low as possible.

12.Banks may hesitate to provide financing if the seller is not willing to carry any part of the financing. Banks will wonder why the seller wants all cash. Are the financial records accurate? Does the seller have some concerns that are not so apparent to everyone else?

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13.Make certain that “net profit” on a seller’s books is really net profit. Sometimes, a seller will not draw any salary for him/herself, or pay any wages.

Consequently, what shows on the books as a net profit, is not a net profit at all. In other words, the only real net profit that will be made is if he/she sells the business to you at retail.

‘The moment that any life, however good, stifles you, you may be sure it isn’t your real life.’
	Arthur Christopher Benson

‘The highest courage is to dare to appear to be what one is.’
John Lancaster Spalding

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Show People How To
Gain Respect And Praise Among Their Peers, And
You Could Find Yourself With A Successful, Best Selling Product!

People want to receive recognition for the qualities they possess. They do not necessarily want flattery, but there is nothing wrong with having people tell you that you look attractive, have intelligence, have good judgment, or good taste, in the things you possess.

When people recognize you as an authority in some area, that can be a real confidence builder. People also like to hear that they are good parents and are doing an excellent job with their children.

People appreciate being praised as knowledgeable and up to date. They also enjoy being complimented because they appreciate things that are cultural and beautiful, are creative and efficient, and are “first” in many areas.

When a person has done well for him/herself by overcoming many obstacles and difficulties, praise from others is something he/she deserves and should receive. (Could

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you write a book that offers both information and praise directed at the reader?)

‘All things are possible until they are proved impossible— and even the impossible may only be so as of now.’
	Pearl S. Buck

‘The will to conquer is the first condition of victory.’
*Marshal Ferdinand Foch*

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