Purchasing a Business: What are you really buying into?

It can be easy to romanticise the process of taking over an existing business. You’ve probably got plenty of ideas about changes that need to be made, and you can’t wait to get in there and start putting your own touch on things.

While there’s nothing wrong with being enthusiastic about your new venture, it’s important to temper that enthusiasm with a good dose of lawyerly cynicism. Don’t make the mistake of becoming too attached to your “dream business” before you know what you are buying into – instead, you should follow these simple tips to ensure you are making an informed purchase.

Read the full article on Kochie’s Business Builders


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