How to analyze purchasing an Existing Business?
I am looking to purchase an existing business. What itunes app can I use to evaluate each potential deal or how do I go about finding out which business would I profit the most from?
[{"id": "chuzlvh", "text": "I don't know about itunes apps but in a very general sense you would get the income and subtract out the expenses.  Then take that profit and compare it as a ratio to the purchase price of the business to see the best bang for the buck.\n\nWhere this gets hard is getting accurate data for the profit and expenses.  Also factoring in your time and startup costs.  Evaluating a business for purchase is not a trivial thing it may take a professional CPA or investment banking type of person a significant amount of time to figure this out.  If it's a big purchase I'd suggest hiring someone to help.", "replies": [], "depth": 1}, {"id": "chv1fdy", "text": "purchasing a business and purchasing commercial real estate are not one in the same. Maybe try /r/entrepreneur? ", "replies": [], "depth": 1}, {"id": "chvn8ly", "text": "This is a complex transaction which requires differing valuation techniques and unfortunately will not be found by using an iTunes app", "replies": [], "depth": 1}]