Financing the purchase of a business can be achieved through various means, including:
Self-Funding: Using personal savings or assets to finance the acquisition. Bank Loans: Securing a loan from a financial institution, often requiring a solid business plan and collateral. SBA Loans: The Small Business Administration (SBA) offers loan programs specifically designed for business acquisitions. Investor Funding: Raising capital from private investors or venture capital firms. Seller Financing: Arranging for the seller to finance part of the purchase price, often with interest.