Chapter 15
Purchasing a Small Business
In This Chapter
Evaluating the pros and cons of buying a small business
Considering the skills you need to buy a small business
Selecting the right business for yourself
Examining franchises and multilevel marketing companies
Checking out and negotiating a successful purchase
Each year, hundreds of thousands of small businesses are sold to new owners. This chapter is for those of you who want to run or invest in an existing small business but don’t want to start the business yourself. And of course, this chapter can show you how to make good money and have fun along the way!
Examining the Advantages of Buying
I don’t want to scare you off if you want to start a business. However, buying someone else’s business works better for some people. The following list reflects the main advantages of buying a business:
- You avoid startup hassles and headaches. Starting a business from scratch requires dealing with many issues. For instance, in the early ...
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