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How to take over a busniess? (Guide to the steps and tips)

1/5/2015

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Taking a busniess is not always easy and simple thing to do, because you have to consider many things. For this you will find in this article a guide steps to the resumption of trade and advice.

Manual steps to busniess recovery

To retrieve a trade, here are the steps required to successfully complete his recovery:

Learn about the busniesses for sale and resume to set your goal and find your busniess. To do this, please look at the ad sites selling goodwill, recovery ... you can find on the Internet. There are often many interesting proposals. You can also inquire at the Chamber of Commerce and busniess cities that interest you.

Contact the different companies that you found and fix an appointment.

During the appointment you obtained from companies, do not hesitate to ask all the important questions that will help you make a decision (turnover, balance sheets, busniess, investment, profitability, etc.).

Once you have decided, then you can buy goodwill with your personal contribution with a credit or accepted by the bank. For this, the balance sheets of the company are required. If the reviews are good, the bank will follow), but administrative procedures are necessary.

Administrative procedures:

Once the sale of the busniess decided, you need to sign documents with the former owners of the busniess (the sale of the busniess) in a company lawyer or accountant, for example.

You must make a publication in the newspaper companies to report the change of ownership of the busniess, in the court of commerce (sales papers are required for this approach).

After developing your articles, you must provide tax in the city of your trade so that they register and sign them.

These approaches represent a cost depending on the amount of the sale of the busniess.

advice

A very important advice during your research, do not hesitate to check the information you give the owners, especially the balance sheet and income statement. To do this, check the information on the website of the Commercial Court or Societe.com, real balances are published. See if the owners have not you misled the profitability of their busniess.

Do not hesitate to contact the entourage of busniess (shops nearby customers).

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