What exactly are you taking over?
A customer base, a place, a team, know-how. Describe what keeps the business running today, and what depends on the person selling it.
Taking over a business: test your takeover project.
The business exists, and so do its customers. Your project is about what you will do with it. The Scorecard helps you present it clearly to the people you will show it to.
- Free first diagnostic
- With or without a company
The questions that matter for a business takeover.
Bot Opex asks its four questions and adapts them to your project. For this type of project, prepare these four points above all.
What do the past figures say?
A takeover rests on a track record. Your forecasts start from the existing accounts, and you explain what you are changing.
What are you changing, and why?
You may be changing the products, the opening hours or the customers. Each change is an assumption, which your file explains.
Why you?
Your experience of the trade, your knowledge of the business, the people who are staying. The Team theme counts towards your score.
A preparation tool. It is neither a financial valuation nor an investment recommendation.
What your file needs to show.
- What you are taking over, and on what terms
- The track record of the business and your forecasts
- What you change, and what you keep
- Your background and that of the existing team
- The handover period with the seller
The Memorandum Pack helps you write each of these parts, then produces your memorandum, your business plan, your pitch deck and your pitch sheet.
See the Memorandum PackIs your project a different type?
What would your project score?
Four questions and a few minutes are enough to know where you stand.
Test my project Free first diagnostic. No company needed, an idea is enough.