Chapter 2
Is Buying a Business for You?
IN THIS CHAPTER
Understanding good reasons to buy a small business
Figuring out when you shouldn’t go the purchase route
Identifying what you need to be successful with an existing business
Determining whether you have what it takes to successfully run a small business
After a business has been created, it can have a life of its own. The umbilical cord to its creator can be cut, and the business can pass onto various owners. In some cases, a great small business can outlive its original owners — assuming, of course, that subsequent owners have the necessary entrepreneurial and management skills.
In this chapter, we discuss the reasons why you might buy a business, but we also steer you clear when your personality and resources don’t make purchasing a good match.
Understanding Why to Buy a Business
Every year, hundreds of thousands of small businesses change hands. Why? For the same reasons that many people purchase an already-built home instead of building one from scratch — because building a home or business takes a lot of time and work ...
Get Buying a Business For Dummies now with the O’Reilly learning platform.
O’Reilly members experience books, live events, courses curated by job role, and more from O’Reilly and nearly 200 top publishers.
