SCORE Princeton: Buying a Business Factoring Economic Downturn
Buying a business during an economic downturn can be daunting. However, it can also be a time to find new opportunities for innovative entrepreneurs. Exploring new markets and recession proof businesses, identifying changing customer trends, improving operations and identifying partnerships/alliances can present opportunities for growth during a downturn. It takes courage to invest during times of uncertainty, but if done thoughtfully, can yield positive results down the road.
In this webinar, we will discuss the current economic climate as well as general considerations for buying a business in any market:
- What is my reason for buying
- What is my business strategy and growth plan
- Is the business I want to buy profitable
- Do I understand how the business operates
- Why is the seller interested in selling
Speaker: Nivedita Candade (Niv) is a principal at Thorro LLC, an M&A advisory firm focusing on merger integration planning and execution to maximize value from acquisitions. Niv is also an active member of the local Princeton business community, a board member at the JRH foundation for arts and an active mentor for SCORE small businesses.
REGISTER NOW: https://www.score.org/princeton/event/buying-business-factoring-economic-downturn