Finimpact

FAQs

Is it a good idea to buy a business with no money?

Whether its a good or bad idea depends on the scenario, however there are large aspects of risk shifting from buyer to seller or investors if you are putting no money down on your business purchase

What’s the best way to buy a business with no money?

Utilizing investor funds or trading your performance as a subject matter expert are great ways to purchase a business without the use of your own personal funds

How can I finance the purchase of a business?

You can utilize friends and family, seller financing, or even a small business loan to finance the purchase of assets such as a business

Can you get small business loans with no money down?

Yes it is possible, check with your lender on the terms needed to be met as a lendee, this can lead to a scenario where no money is required upfront for the loan

About the Author

Kal Salem

Kal Salem

MA Accounting - Arizona State University

A CPA and finance professional working with small businesses to educate owners and grow alongside their businesses. Kal started his career in public accounting supporting SEC, regulatory, and both internal and external audits. He holds a Masters in Accounting and a BS in Supply Chain Management. Owner at Salem CPA...

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