Was Your New Year’s Resolution To Buy A Biz?

Btob:
Well 2010 is here. Hopefully long sunny days in holiday destinations have boosted creativity and energy levels. What is in store for this year? Are you happy with the status quo, or does a new business opportunity await?
If a new business is what you are considering the obvious question to ask would be, what is my first step? Well I went through most of the personal side of this in my recent post on the subject, “Is Business Ownership for me?” so if we assume that you have your families buy in, you have an accountant, your Bank has pre-approved you for finance, now it is time to start looking at what is available in the market.
Now it is understandable that most purchasers we talk to have no real clue of what business they would want. There is a big wide world of opportunity out there so my recommendation is to initially focus on what you don’t want. I don’t mean here only what business category you wouldn’t want, I am thinking more about what aspects of any business you wouldn’t want? This might sound a little back to front, but this can not only make your selection process a little easier but will also ensure an ongoing enjoyment of the business once you are sitting in the big seat. Read full post.
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