David C Barnett Small Business and Deal Making M&A SMB cover image

10 How To Buy A Distressed Business

David C Barnett Small Business and Deal Making M&A SMB

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Remove Burden Some Debt When Buying a Business

Some people have the mistaken belief, you know, if I can't figure out how to make this business work, I'll just sell it. They realize that this asset they believe they own may have some value. But it's not worth enough to cover off the debts that are there. And buying a business like this, of course, in the world of small business, would be doing this as an asset purchase.

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