For individuals who want to buy a business, they often spend so much time searching business for sale listings and getting immersed in the process that they lose sight of what they need to do after they close the deal. Throughout the process of one's review, it is critical to begin to compile the strategic plan for the business. Pexels.comNobody knows the business as well as the owner. In fact, for the first few months, it is imperative to get a deep sense of the business and learn its operations even if you have a wealth of experience in the sector. Once you get the feel for the true guts of the business, develop a 100-day plan.

Source: Forbes April 27, 2019 14:37 UTC