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buying and selling business
#1
When you're in a business that can't be sold, and it has been around for over a hundred years, you might as well buy a business that is worth something. You know the difference between buying a lemon and a car that was sold when the owner was twenty-five years old, but you might not realize the difference between buying something that needs repair and something that's just sitting around collecting dust in someone's basement.

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If you're in a business that doesn't have a lot of options, you might think about buying a company that is going to be around for a long time. There are always companies out there that need to expand. You want to know that they have a plan for expansion. You also want to know what type of company they are. If they're a family owned business, it might be difficult to sell them if the owners pass away. You want to know the history of the business. If it's a large corporation, it might be more difficult to sell than one with a smaller history.

Whatever your reason, you should do your research to see what types of companies are available and what they have going for them. You want to buy a business that's not only important to the people who work at it, but also to those who love the products that are there. It's hard to imagine that the owners will get a good price if they're getting paid to work at their desk. The owners will likely get a better rate if they buy a business with a great history that has plenty of options for expansion.
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