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The time now is 01/07/09 - 23:31

When buying a business…


RealCool.BIZ Forum Index -> Business -> Business Management

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morgun
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Joined: 20 Feb 2006
Posts: 13



PostPosted: 11/15/07 - 10:16    Post subject: Reply with quote

I have some money I want to invest. I wanted to start my own business, but now I am thinking about buying a business. If I buy already created business, I can save a lot on market research, establishing the company, etc. I have two companies I want to buy, but can you tell me when a right time for is buying a business.
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hymie
Apprentice


Joined: 04 Aug 2004
Posts: 9



PostPosted: 12/15/07 - 03:16    Post subject: Reply with quote

You are thinking right, why should you starting your own business if you can buy existing business. I think that there are three options when someone selling business, first when business is great, because it can get higher price, when someone want to start something else, for normal price and when someone not doing well, for lower price then it is. If you know how to improve business performances of company, my advice is to buy business from someone who’s not doing very well. You can buy company for lower price and save some of your money.
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