Do you know someone who is looking to sell or buy a business?  Perhaps a laundary mat or a gas station or a restaurant?  Well before doing so, here are some questions you or someone else will want to consider……….

1) Should I start my own business or buy an existing one?
2) What should I be looking for in a business?
3) Why is confidentiality so important tothe seller?
4) How is the asking price of a business determined?
5) Should I hire an attorney?
6) What is due diligence?
7) During the due dilligence, what are some significant warning signals, and what should I do about them?
What are the main reasons for the failure of a business after it’s bought?
9) How much cash do I need in order to purchase a business?
10) Where can I obtain financing to help me buy a business?

Those are some questions to get you started thinking correctly so to head for success in buying a business.  Flora Chong, of Business Team Monterey, can not only help you figure out the answers to those questions but also guide you through the choppy waters of the whole process with ease.

Want to realize your dreams of owning your own business?  Call Flora Chong at: (831) 809-5892.

LeTip of Monterey is on the move again ( We seem to be outgrowing every venue we settle into). Now we are having our referral/sales business tips exchange and breakfast meeting ( Wow that’s a mouthful ) at Carrow’s Restaurant, which is on the corner of Lighthouse and David.

Guest are More Than Welcome
If you have a business you’d like to promote join us for a free breakfast, and bring plenty of business cards to pass out. Let’s grow your business together. See ya there!

Address: Carrow’s Restaurant, Monterey, CA 93940
When: Every Thursday 7:01am – 8:31am
Web: