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Day 12: Analyzing and Pricing Businesses


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Business Brokerage Glossary

Balance Sheet

A financial statement that includes assets and liabilities of an individual or corporation.  In dollar amounts, the balance sheet shows what the company owned, what it owed and the ownership interest in the company of its stockholders as of a specific date.

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Inspections

Attend property appraisals, inspections, and machinery and equipment appraisals.  Make sure you have a first hand explanation and understanding of any problems or concerns that were detected.
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