The Single Worst Mistake You Can Make When Buying A Business
Okay, so you’ve spent several months shopping around for a business to buy. You have your financing lined up. The numbers look excellent. Everything seems profitable, and everything is perfect. Except for one thing. And that is…unless you’ve bought a business with a system in place that literally “runs itself” — whether or not you show up every day — all you’ve done is buy yourself a glorified job. A job where you will probably make (if you measure your income per hour) less than most of your employees. A job that will likely cause you an enormous amount of stress, anxiety and pressure every single day of the week — including weekends. Why do I say this? Because that is what happens many times when someone buys a business without the proper systems already installed. You see, the key to buying a business is making sure you buy one that works on its own, whether you are there or not. I like the way best selling author Robert Kiyosaki ...