Saturday, May 21, 2011

Business for Sale by Owner: Tips and Traps

When a business is put up for sale by its owner, he or she may have their reasons for relinquishing the business. It could be the result of a crushing financial condition or it could be something as mundane as the need for a change of pace. Whatever their reasons, it is you, the buyer, who has to decide whether the business put up for sale by the owner is worth your while.

A business is worth buying only if it is congruent with your existing skill set and if it gels well with your personal interests, expertise and experience. For example, you may be a foodie who knows the name of every kind of exotic food, but that does not mean that you will make an excellent hotelier or restaurant owner. So, your first concern is to spot a buying a business put up for sale by the owner could be remarkably profitable. There are people who specialize in the selling and buying of businesses, and they make a killing doing it. It all depends on the amount of effort and discretion you put into the process.


quinlanmurray -
About the Author:

Looking to buy/sell various existing & established agriculture business, BizandBiz.com is the best online source for your Business for Sale.

Source: http://homesforsaleoregon.biz/homes-for-sales/business-for-sale-by-owner-tips-and-traps-1226/

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