Obviously, you want to consider only those businesses that you would feel comfortable owning and operating. \u201cPride of Ownership\u201d is an important ingredient for success. You also want to consider only those businesses that you can afford with the cash you have available. In addition, the business you buy must be able to supply you with enough income \u2013 after making payments on it \u2013 to pay your bills. However, you should look at a business with an eye toward what you can do with it \u2013 how you can improve it and make it more productive and profitable. There is an old adage advising that you shouldn\u2019t buy a business unless you feel you can do better than the present owner. Everyone has seen examples of a business that needs improvement in order to thrive, and a new owner comes in and does just that. Conversely, there are also cases where a new owner takes over a very successful business and not soon after, it either closes or is sold. It all depends on you!<\/p>","protected":false},"excerpt":{"rendered":"
Obviously, you want to consider only those businesses that you would feel comfortable owning and operating. \u201cPride of Ownership\u201d is an important ingredient for success. You also want to consider only those businesses that you can afford with the cash you have available. In addition, the business you buy must be able to supply you […]<\/p>\n","protected":false},"author":10,"featured_media":3834,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[63],"tags":[],"class_list":["post-3833","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-buyer-articles"],"yoast_head":"\n