Advice: Should You Buy A Pre-exsisting Business?
by Steve Strauss on May 7th, 2009
Q: I am pretty sure that I will lose my job. I don’t want to start a business from scratch, so what do you think of buying a pre-existing business? And if that is a good idea, like I think it is, what are the possibilities of getting the owner to finance the purchase? My credit isn’t great. Mike A: As a general rule, buying a business can be a very good idea, but as with everything else in this economy, to make sure it will be a successful venture, you have to proceed with caution and do your due... Read more »