Ideas into Reality

​I’m interested in buying a small business. the business has been in the same location/same ownership for many years (over a decade) and the owner is ready to sell. The sale includes the building and lot as well as everything inside. However it is an all cash business. He claims that the business mak

he claims that the business makes $XX,XXX per month. How do I verify that the business makes as much as what he says? As a potential purchaser of the business, should I ask for tax returns? Going back how far?

submitted by /u/harrisjfri
[link] [comments]

Most viewed

All feeds

About Us (117) Advertising (415) Airbnb (23) Art Business (12) Banking (83) Behavior (897) BOI (22) Branding (45) Business Communication (27) Business Efficiency (11) Business Growth (50) Business Info (40) Business Investment (9) Business Services (35) Business Strategy (81) Business Tools (35) Business Trends (2029) Canva (106) Client Relations (16) Coffee (63) Confidence (766) Content Creation (40) Crafts (136) Customer Reviews (47) Customer Support (8) Cybersecurity (87) Data Protection (56) Digital Marketing (79) Discussion (102) DIY (125) Economy (173) Emotional Intelligence (209) Energy (881) Entrepreneurship (160) Ethics (16) Event Management (15) Events (382) Exit Strategy (7) Family Leave (11) Fashion (87) Fast Food (37) Financial Planning (98) Franchising (41) Fraud (80) Funding (117) Gas Prices (25) Grants (84) Graphic Design (31) Handmade Business (8) Hiring (33) Hospitality (19) Humor (161) Insurance (46) Investments (71) Jobs (228) Leadership (70) Lease (110) LinkedIn (90) Marketing (1122) Monetization (14) Online Reputation (7) Partner (26) Passive Income (25) Password Management (7) Payment Solutions (13) Personal Branding (15) Personality (377) Pricing Strategy (15) Printing (36) Productivity (587) Psychology (792) Relationships (1318) Remote Work (103) Restaurant (14) Retail (270) SaaS (26) Safety (180) Scaling (23) Seasonal Business (9) Self-Improvement (230) Side Hustle (47) Small Business (4774) Social Media (569) Social Responsibility (13) Social Skills (29) Startups (24) Story (272) Supplier (16) Sustainability (290) Technology (271) Tech Tools (7) TikTok (34) Time Management (91) Tools (383) Travel (203) Upcycling (15) Wedding Planning (9) Work-Life Balance (81) Workplace Culture (15) Yelp (46)