How do I start a business? I've been in the hotel business for 27 years and want to just buy my own

I found a good place for 350,000 in Nebraska. So first, I want to know if I would even be approved for a loan like that. Do I just enquire at my bank to see or what. Some suggest to get a business partner or investor or something. I want to do it on my own but have no clue on how to get everything ready and set up with phones/website ect..

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sylvsn59 · 61-69, M

Having a partner does spread the risk around a little.
First step is to talk to your CPA...they will need to do a due diligence on the business, review the records for the income and expenses of the business to determine what the selling price should be. Then he will advise you on the structure of your business to buy it, probably an llc, check various sources on the what's happening in the area...is growing, are there issues developing i.e the biggest attraction in the area is closing, business are moving out etc.
Then you can go to the bank.