You Want to Buy a Business? What You Need to Know

Have you considered becoming a business owner by acquiring an existing business? Or do you own a business and looking to expand by acquisition? This program is for you! Business acquisition is an increasingly popular, viable, and sought-after way to become your own boss, or to quickly grow the business you already own.

The 3-hour class will include:

• Instruction by UGA Small Business Development Center experts
• Presentation by bankers experienced in financing business acquisitions
• A facilitated panel discussion of entrepreneurs who recently successfully acquired Middle Georgia businesses
• Q&A opportunities with all the above

Course Outline

• Introductions
• Why Buy a Business?
• Locating a Business to Acquire
• Is It a Good Deal?
• What Are the Key Terms?
• What Am I Missing?
• What Help Do I Need?
• How Do I Finance the Deal? Are SBA loans available for acquisitions?
• Panel discussion with successful business acquirers

Learner Outcomes

• The important considerations for buying vs. starting a business
• Techniques, processes and resources to help locate a business to acquire
• A financial approach that helps determine if it’s a good deal for you
• Resources to help in negotiating the purchase
• Basic principles and requirements for financing the acquisition