Things are not always what they might seem to be. I once sold a wooden truss manufacturing company to a buyer who had worked for 15-20 years in sales for a well-known copier company. That was the sum of his experience.
A recent article from the U.S. Small Business Administration entitled “Buy an existing business or franchise” discusses the process of how to successfully buy a business or franchise. It is important to follow a thorough process in order to achieve a successful acquisition. Know the difference between franchising and buying a business – Franchising gives you more guidance …
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