Business “buyers” are turned down by business brokers all the time due to the inability to prove your worthiness as a true buyer.
More often than not, requesting information on a business listing requires a pre-qualification or Proof of Funds.
If you as a legitimate buyer are hesitant to provide this information—then why should a broker take you seriously?
Pre-qualification is an important step in the process to determine whether you are a true candidate looking to pursue a business listing.
I encourage all buyers to take a few minutes and speak with a lender to determine your ability to obtain financing and help narrow down your search criteria.
Not only will it save everyone’s time—it could lead to your first successful acquisition.
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