---
title: Acquisition Process Overview for Small Business Owners
description: Download Live Oak Bank's free Acquisition Process Overview. There are multiple steps involved in purchasing a business and we've simplified them here.
image: https://info.liveoak.bank/hubfs/Guide%20to%20Selling%20a%20Business-1.jpg
---

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# Acquisition Process Overview

There are multiple steps involved in purchasing a business. Remember that acquisition is simply a more formal banking term we use when discussing the purchase of a business.

Download our acquisition process overview to get a better understanding of the steps you need to take when approaching your next acquisition opportunity.

![live-oak-acquisition-process-overview-download](https://info.liveoak.bank/hubfs/live-oak-acquisition-process-overview-download.jpg "live-oak-acquisition-process-overview-download")

### What's Inside This Guide

Our acquisition process overview provides the details involved with each of these core steps:

- Gathering your team & exploring financing options
- Determining the purchase price & deal structure
- Signing a letter of intent
- Securing financing & providing financials
- Navigating due diligence & closing the deal

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