Buying a business is not like buying a home. A home provides shelter. While you may not like the color of the home or the neighborhood in which it is located, it still provides that shelter. A business provides the opportunity to produce an income. However, if you do not possess the skills necessary to run a particular type of business, then your opportunity to produce income is diminished.
Financing a business is unlike financing a home. A business must provide sufficient cash flow to service the debt. Most lenders do not make business acquisition loans.
Let the experts at VR help guide you through the process of purchasing a business. We know where to source financing. We will help you ask yourself several critical questions to determine if a particular business is right for you.