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Well when applying for a business loan you will need to have a "Business Plan" this is a easy way for bankers to tell serious prepared entrepreneurs from the ones that are not and projected income is a section in this documented plan.

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โˆ™ 2011-03-30 03:33:53
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Q: When buying a business can you use projected business revenue to help qualify for loan?
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Related questions

What the impact of the economy in a business?

The economy directly affects business. When consumers have buying power, businesses will see more revenue. When the economy is depressed, businesses will see less revenue.

What differentiates capital expenditure from revenue expenditure?

Capital expenditure is spending from your savings (eg buying a house), Revenue expenditure is spending from your wages (eg buying a beer).

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Is it possible for me to buy someone else's small business?

In your case, you have to pass the legal process of buying a small business that you want to have though it is less risky than starting from scratch. There will be a broker that needs to find out about your skills and interests, then helps you select the right business for you. Then negotiate. It is really when brokers earn their keep. To get an idea of the company's anticipated returns and future financial needs, ask the business owner to show you projected financial statements.

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Loans by the Veterans' Administration are mortgage loans for the purpose of buying a house. Renting an office space does not qualify as a "mortgage." yes

How can i buy a book called buying a business?

If you go to the link I have included, you will find a book titled "The Complete Guide to Buying a Business". It should have all the information you need.

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There are many key similarities between consumer buying behavior and business buying behavior. For example, both businesses and consumers buy goods that are essential to quality of life.

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One can find information about buying a franchise business from the following sources: Franchise Direct, Chips Away, Entrepreneur, Business For Sale, Small Business Administration.

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Examples of stages in a business buying process?


What was the business of buying and selling people for profit called?


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What kind of customer is an agent buying something on behalf of an organization?