| Welcome to Next
Step Solutions E-Newsletter
Dear
Margaret, Welcome to our
new E-zine – Next Steps for Success! This first edition, and the
editions which will follow, include information on business topics
as well as announcements of upcoming events.
You are
receiving our newsletter because you are someone we know, have
worked with, met at a business event, or you have specifically
requested inclusion on our email list. We hope you will find our
newsletter interesting and useful. However, we respect your time and
your privacy. So if you prefer not to receive future editions,
please let us know. There is “unsubscribe” information at the bottom
of this note. If you know of anyone else who might find our E-zine
useful, please feel free to forward it. We also invite you to
contact us with suggestions for future business topics. We look
forward to hearing from you!
Buying a
Business: 7 Steps to Achieving the Dream! by Dennis L.
Purvine
 There are two
basic ways to become a business owner. You can found a new business
or you can buy an existing one. Many would-be business owners choose
to buy, not because they lack ideas for a new business, but because
they prefer to skip the infancy of a brand new company, come in
during adolescence and then guide the company to adulthood. In
short, they look for a good company they can take to
greatness.
But how do you
determine if business ownership is right for you? How do you find
the right business, make an offer, and complete the purchase? Based
on our experience, we see the process as a series of 7 steps:
- Deciding to Buy - doing Some Serious Soul Searching
- "Shopping" for a Business
- Let's Make a Deal
- Due Diligence - Checking Under the Hood
- Closing the Deal - Congratulations, It's Yours!
- Transition from the Old to the New (or "there's a New Sheriff
in town.")
- Running the Business and Making it Grow
Upcoming
Events
 Interested in
learning more about buying a company? Sign up for our first 2006
Lunch & Learn event.
- Topic - Buying a Business in 7 Steps
- Date - Wednesday, January 25, 2006
- Time - 11:00 - 1:00 (Registration open at 10:45)
- Place - Banner Bank
- Address - 3405 - 199th St SW, Lynnwood
- Cost - $25 (Waived for readers of this newsletter!)
Lunch will be
provided. Skye Belline of Banner Bank will also be on hand to
present information on financing options for purchasing an existing
business with an SBA loan guarantee. To register, please call us at
425-918-1910 or email us at info@nextstepsolutions.com. Seating is
limited, so don’t delay!
Next Step in
the News
Margaret
Purvine's article, "Staying Out of Trouble When Firing an
Employee", appeared recently in the Puget Sound Business
Journal.
Holiday
Greetings from Next Step Solutions, Inc.
We at Next
Step want to take this opportunity to wish you a very Merry
Christmas, Happy Holidays, and a Happy and Prosperous New
Year! |
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