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SBD 1INVITATION TO BID YOU ARE HEREBY INVITED TO BID FOR REQUIREMENTS OF THE HEALTH AND SAFETY COUNCIL RFP NUMBER:MHSC002/202122CLOSING DATE:14 June 2021CLOSING TIME:11:00 BRIEFING SESSION:N/ACID
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01
Research the market to determine the value of the existing business.
02
Contact the current owner to express interest in purchasing the business.
03
Review financial records and perform due diligence.
04
Negotiate a purchase price and terms with the current owner.
05
Obtain legal assistance to draft a purchase agreement.
06
Arrange financing if necessary.
07
Close the deal and take ownership of the existing business.

Who needs purchasing of an existing?

01
Entrepreneurs looking to expand their business quickly.
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Investors seeking to acquire a profitable business.
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Individuals interested in owning a business without starting from scratch.
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Purchasing of an existing refers to acquiring an already established entity or business.
Any individual or entity acquiring an existing business is required to file purchasing of an existing.
Purchasing of an existing can be filled out by providing details of the acquiring entity and the business being acquired.
The purpose of purchasing of an existing is to inform regulatory authorities about the change in ownership of a business.
Information such as details of the acquiring entity, the business being acquired, and the date of acquisition must be reported on purchasing of an existing.
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