Re: buying a small business
After you buy it, who is going to run the place? What will be ROI? Will you initially have to pump money to keep it going? For how long? What about advertising? What will it cost you? What will be the maintenance cost of the equipment? Will you have enough money to ride the rough patches? Opening a small business is risky business. It takes two years to really get a business going. Also, make sure you shadow the people who work there for couple of days prior to purchasing the business. It's essential you get a feel for the business before investing a lot of cash in it.
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