Step 2/5: "Financial Factors: What Can you afford to buy?"
If you are here, it should mean that you have asked yourself the tough questions about whether or not you really want to buy a business, and answered “yes.” Keep in mind, however, that even if your motivation to buy a business is sincere and well-founded, in the end the business you end up buying will be a function of what you can afford to buy.
That brings us to another round of important questions. Can you really afford to buy a business? As you consider buying a business, it’s important to be aware of the different factors that will play a role in determining your ability to buy a business, and to be honest with yourself about whether or not you meet these criteria.
Use the form to the right to download the questionnaire “Financial Considerations For Tucson Business Buyers” to complete Step 2 of 5. The short video below will help you to think through your answers to the questionnaire.
As you complete the process, keep a copy of the questionnaire from each step for future reference.
If you’re finished, Click here to proceed to Step 3 of 5: “I Can Afford To Buy A Business in Tucson, But What Should I Buy?