Frequently Asked Questions

15. How do I know if a business is a "good deal"?

There are a variety of factors to consider when deciding whether or not to purchase a business. The business purchase price in relation to the actual value of the business is certainly one of them. Paying too much for a business can cause many problems and lead to failure. In addition to purchase price, there are other personal factors to consider including your financial situation, goals, and risk tolerance. It is also important to determine whether or not the business is a good "fit" for you in relation to your experience and skills. A good deal for one person may not be a good deal for someone else.

The decision to purchase a business should only be made after carefully investigating the business and considering your situation and objectives.

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The Arkansas Small Business Development Center is funded in part through a cooperative agreement with the U.S. Small Business Administration through a partnership with the University of Arkansas at Little Rock College of Business and other institutions of higher education. All opinions, conclusions or recommendations expressed are those of the author(s) and do not necessarily reflect the views of the SBA. It is the goal of UALR to eliminate discriminatory harassment and to promote equal opportunity regardless of race, gender, color, national origin, sexual orientation, age, religion, veteran’s status, or disability.