Wednesday, October 31, 2012

Who is a Strategic Buyer? - And Should You Be One

Who is a Strategic Buyer? - And Should You Be One:


A strategic business buyer is a person or corporation that is considering buying a company based on how that new acquisition will fit into their overall long-term business plans for their existing business or an entity they are looking to build.  A strategic business buyer will purchase a business or a series of businesses with the end goal of what they want their empire to look like.  For example: a strategic business buyer may first buy a small business that specializes in cleaning products for cars.  They may then look into buying their own car wash.  These two businesses can work together to create an even stronger business structure.

Strategic business buyers are, typically, more willing to pay more for a business than financial business buyers because they are looking at the potential synergistic benefits with what they already own.  However, these buyers will scrutinize financial statement and only offer terms that meet their established criteria. However the better the business will work within their plan, the more a strategic business buyer is willing to pay for it.

For a complimentary consultation:
Contact  Cecil Williams (cecil@bizbrokerflorida.com) or call  at 888-925-5055 ext.206.  Visit my personal website to search for business for sale in Florida www.bizbrokerflorida.com  Also, visit our Florida Business Exchange website at www.fbxbrokers.com
 

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