Frequently Asked Questions

16. What kinds of information should I request from the seller?

In order to determine whether or not you are interested in purchasing a business, you must thoroughly investigate the business and obtain information from the seller. The ASBDC can provide you with a Buying a Business Checklist as a starting point for the investigation process.

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The Arkansas Small Business Development Center is funded in part through a cooperative agreement with the U.S. Small Business Administration through a partnership with the University of Arkansas at Little Rock College of Business and other institutions of higher education. All opinions, conclusions or recommendations expressed are those of the author(s) and do not necessarily reflect the views of the SBA. It is the goal of UALR to eliminate discriminatory harassment and to promote equal opportunity regardless of race, gender, color, national origin, sexual orientation, age, religion, veteran’s status, or disability.