Buying a business or an established business operation that is already generating cash flow is a great way to fast-track your way into business ownership and CEO creds. Here are six critical questions to ask sellers
Tips on How to Buy a Business and Entrepreneurship Through Acquisition
Generally speaking, buying an established business is considered less risky than setting up your own business from scratch. As an entrepreneur, you won’t necessarily need to come up with a unique business idea, sell investors on an unproven concept or incur the costs & risks of building a business up from the ground level. This practice of acquiring an already established business is known as entrepreneurship through acquisition.