Buying a Small Business · My outputsProgress 0%VisitorAll tracks
Beta. Fictional teaching case. Saved on this device only. Beta build. The teaching business is fictional, case figures and model defaults are illustrative, and default loan terms are teaching defaults, not lending rules. Education only, not legal, tax, accounting or lending advice. Your work is saved in this browser on this device only.

My outputs · Buying a Small Business

Buying a Small Business: 0% complete

Progress is the work you have produced, not the lessons you opened. It counts this track only.

Readiness decision Stage 0 · Free
Buyer Profile Stage 1 · Free
Buy Box Stage 2 · Free
Business scorecard Stage 3 · Free
Normalized earnings Stage 3 · Member
Value range and buyer maximum Stage 3 · Member
Financing model Stage 3 · Member
Buyer cash Stage 3 · Member
Decision Record Stage 3 · Member

Progress in this track is measured in outputs: four from the free stage tools and six from the Deal Lab. The Deal Lab has nine sections. Three of them (Claims and evidence, Downside, Ten acquisition tests) feed the Decision Record and add no separate progress output.

Educational use only. Not legal, tax, accounting, valuation or lending advice.

Buyer School is an independent educational website for learning about small-business acquisitions. Its lessons, examples, checklists, calculators and reports provide general information and illustrative planning estimates. They do not provide individualized legal, tax, accounting, investment, valuation or lending advice, and they do not determine SBA eligibility, financing approval or whether a particular business should be purchased. Using Buyer School does not create an advisory or other professional-client relationship. Buyer School is not affiliated with or endorsed by the U.S. Small Business Administration. Rules, fees, rates and lender practices can change; summaries may omit exceptions. Do not rely solely on Buyer School when evaluating, financing or purchasing a business. Before signing a letter of intent or other agreement, applying for financing, waiving a contingency or committing funds, review the current official SBA website at https://www.sba.gov, including the applicable SOP, program guidance and fee notices, and applicable IRS guidance at https://www.irs.gov, and obtain transaction-specific advice from an attorney licensed in the relevant jurisdiction, a CPA experienced in business acquisitions, and the participating lender. Consult other qualified professionals when the transaction requires them. The lender must confirm how current SBA requirements apply to the proposed financing, and licensing and permit requirements must be confirmed with the issuing authorities.