Considerations for Buying a Small Business

By bridgetwpollack, Guest Blogger
Published: March 3, 2016Updated: March 3, 2016

Ever walked into a neighborhood business that was recently purchased? The new ownership might have changed the paint color, décor, and equipment in a flash — maybe even overnight.

If you’ve ever dreamed of revamping a business you visit frequently, you might be a good match for buying a business. Rather than starting your own company from the ground up, buying an existing business means you can jump right in, get to work and focus on growth.

Before you sign on the dotted line, you may want to consider the following pros and cons of buying a business.

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