going concern

going concern - Small Business Resource Power Point Series...

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Small Business Resource Power Point Series Factors in Buying  a Going Concern
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Be your own boss Many, many, people dream of owning their  own business - but few actually realise that  dream. If you’re one of the few, this PowerPoint will  highlight some of the issues surrounding the  initial start-up, with the main focus being on 
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Buy or Create? So you want your own business.  There are two  basic choices – buy an existing one, or start up  your own. This PowerPoint focuses on the first option,  acquiring a going concern.
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The plus side Provided you act with diligence, in buying an  existing business you have the comfort of  knowing the idea behind the business has been  proven.   Also, if the business has survived its first two  years it’s arguably got over the ‘danger’ time, 
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Immediate Cash Flow An established business should be generating a  continuous, steady, cash flow.   The amount of capital required  to see you  through the start-up period is more definable  than is the case with a new business. 
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Raising money to start a business is notoriously  difficult.   For an existing business however, raising  capital can be more straightforward as there is a  track record with supporting information.
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going concern - Small Business Resource Power Point Series...

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