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Investing For Dummies, 7th Edition
book

Investing For Dummies, 7th Edition

by Eric Tyson
July 2014
Beginner
432 pages
12h 3m
English
For Dummies
Content preview from Investing For Dummies, 7th Edition

Chapter 15

Purchasing a Small Business

In This Chapter

arrow Evaluating the pros and cons of buying a small business

arrow Considering the skills you need to buy a small business

arrow Selecting the right business for yourself

arrow Examining franchises and multilevel marketing companies

arrow 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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