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1 Crucial Thing You Need to Know Before Buying a New Business

September 27, 2018

Via: Inc.

There are pros and cons to starting a business from scratch or buying an established business — and I can’t say I favor one over the other — but if you choose the latter, be especially cautious with your financing to avoid undo struggling that could linger for some time.

I recently spoke with a potential client who bought their business in April via a five-year seller’s note. He had done all his homework and was convinced he was set for immediate and continuing success.

And then business slowed for no apparent reason.

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