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Acquiring a business is a complex process that requires meticulous planning and clear communication with potential lenders. A robust business plan is not only a roadmap for your future success but also a crucial tool to convince lenders of your capability and the viability of the business you aim to acquire. This guide focuses on six specific areas that can enhance your business plan, making it more persuasive and compelling.
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00:00 - Introduction
03:58 - Location Analysis (Bonus Key Point)
08:57 - Key Point 1: Demonstrating Current Business Success
12:21 - Key Point 2: Structuring a Supportive Deal and Transition Plan
16:36 - Key Point 3: Growing the Business Without Disruption
18:12 - Key Point 4: Highlighting Relevant Experience and Team Strengths
21:21 - Key Point 5: Realistic Financial Projections
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ProjectionHub has helped more than 50,000 founders and entrepreneurs to create financial projections so they can raise investment, apply for loans, and plan for expansions/growth. From budget-friendly DIY financial projection tools to high-touch custom consulting with a CPA expert, ProjectionHub has the financial forecasting solutions your business needs.