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A comment on Ask HN: Any advice for someone looking to buy an existing business?.

Re:Ask HN: Any advice for someone looking to buy an existing... by GianIsAlive on Monday April 24, 2023 @03:28PM (#35692027)
I imagine the process is like any acquisition. From what I've seen so far, basic things people look for: 1. Business Registration (LLC, B corp, C corp, etc) 2. PnL for past 5 years 3. Tax statements 4. Banking statements 5. Inspect codebase, database, and cloud infra.

Also I'm surprised that you'd ask it here. Considering you're about to drop $250k, I imagine you'd hire a lawyer to look over everything.

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Re:Ask HN: Any advice for someone looking to buy an existing... by 6DM on Monday April 24, 2023 @03:38PM (#35692138)
Just getting started and looking to hear from other people's experiences. I would like to have this finalized by a lawyer, maybe that's not the right person. It seems that going through a broker might be a good first step.
[ Parent | on HN ]