Buying considerations

March 5, 2019

Want To Buy A Business? Consider These 3 Factors First

Owning a business has many pros and cons. On the plus side, it’s an opportunity to be your own boss, control your destiny and, potentially, increase your net worth. On the other hand, buying a business will change your life forever. It can be a 24/7 job that could interfere with your personal time and family life. Make sure you consider the financial risk before making this life-changing decision. Why? According to INC Magazine, as many as 96 out of 100 businesses fail each year due to cash flow problems.   Finding the right business If you want to buy a business, your first step should be contacting members of your professional advisory team – your CPA, lawyer, financial advisor, […]