Very few decisions have as much impact on your life as the decision to buy a small business. This post shows best practices to follow before making a decision.
7 Best Practices to Follow When Buying Small Business
Posted by AngelBiz under ManagementFrom http://www.smallbizviewpoints.com 4294 days ago
Made Hot by: Sun Tzu Business Guide on August 10, 2012 4:57 am
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Comments
4290 days ago
4290 days ago
4292 days ago
I think an important question often is whether you would be better off building your own business than buying an existing one as you say and the key factor there would be whether the business itself has any intrinsic value that might be difficult to reproduce (key talent, proprietary technology, loyal customer base, etc.) Then again, it could also be that you are buying another business not so much for its customers or the revenue it is already bringing in but because it can help your existing business do something that would be difficult and time consuming to reproduce. The initial purchase of PayPal by Ebay was probably made for reasons along these lines.
4294 days ago
Thank you for sharing this advices!