Outline of the buying process through Keate Partners

The decision to purchase or start your own business

            Motivation

            Risk acceptance

            Funds / equity available

            Other people involved

            Define Parameters

                     Forms

                     Procedures

                     Determining current interests and future contact

            Identifying current businesses that are of interest

            Obtaining Confidential Business Review (CBR)

            Meeting with the owner

            Making an offer or Letter of Intent

            Achieving mutual agreement on price and terms

            Due Diligence

            Bank Financing

            Closing Documents

            Closing