How to Buy a Percentage of a Business
Decide what you want out of a business partnership.. Identify businesses with investment potential.. Research the legal and financial history of the business.
Steps
Decide what you want out of a business partnership.
Decide what you want out of a business partnership.
Identify businesses with investment potential.
Identify businesses with investment potential.
Research the legal and financial history of the business.
Research the legal and financial history of the business.
Contact the existing owners and make your pitch.
Contact the existing owners and make your pitch.
Get an independent valuation of the business.
Get an independent valuation of the business.
Meet the existing owners in person to present your offer.
Meet the existing owners in person to present your offer.
Discuss the existing owners' concerns.
Discuss the existing owners' concerns.
Explain the benefits you will bring to the business.
Explain the benefits you will bring to the business.
Listen to counter-offers or alternative strategies.
Listen to counter-offers or alternative strategies.
Follow-up with a summary of the meeting.
Follow-up with a summary of the meeting.
Choose the best organizational entity for the business.
Choose the best organizational entity for the business.
Draft a partnership or share agreement.
Draft a partnership or share agreement.
Go over the agreement with the existing owners.
Go over the agreement with the existing owners.
Sign the partnership agreement and transfer funds as needed.
Sign the partnership agreement and transfer funds as needed.
File organizational documents with the state.
File organizational documents with the state.
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