What to Consider When Buying a Business

Tuesday Tea: The Inside Scoop Tuesday, August 24th (9:00am to 9:30am) What to Consider When Buying a Business A Microsoft Teams invite will be emailed the morning prior to our time together. Ten thousand baby boomers turn 65 every day and a record 3.2 million baby boomers retired in 2020. Boomers own 2.34 million small businesses in the U.S.—presenting a great opportunity for the next generation of entrepreneurs when they go to sell. If you’re thinking of purchasing an existing business, please join us for a dialog with Community Banker Adam Allred about what questions to ask and what information to gather to ensure you’re making a sound decision. In this complimentary half hour, virtual dialog using Teams technology, you’ll learn to identify: • What you’re actually buying and what type of purchase you’re making • How the asking price was arrived at • How the business is performing • Can it afford to pay you an adequate salary • Will it be able to cover debt payments used for purchase Webinar Details: • Cost: Complimentary, but register to receive the meeting invite • Place: Virtual session using Microsoft Teams technology • Register: via Eventbrite or call 801.844.7900 This dialogue is offered for informational purposes only and should not be construed as legal or other professional advice. Consult with an attorney or other professional concerning your own needs and circumstances. The views and opinions expressed by the speaker are not necessarily those of Zions Bancorporation, N.A., Member FDIC or any of its divisions. Zions Bank is a division of Zions Bancorporation, N.A., Member FDIC.