Is it a good idea to buy a business?

It can be - with the right amount of research and know-how of operating a business it can create an opportunity to unlock new revenue streams for owners. 

What’s the difference between buying a business and buying a franchise?

A business purchase typically involves purchasing the assets of a business to assume ownership. A franchise is similar but has a governing body which may dictate how the business should be presented and operated. 

How much does it cost to buy a business?

Businesses range in size, from things like small e-commerce stores and blogs for three figure price tags, to large million dollar a year operations. 

When is the right time to buy a business?

There is no correct time to purchase a business, it will depend on the thousands of variables the could go into a purchasing decision and is part of the skill owners should have for targeting and acquiring such an asset. 

About the Author

Kal Salem

Kal Salem

MA Accounting - Arizona State University

A CPA and finance professional working with small businesses to educate owners and grow alongside their businesses. Kal started his career in public accounting supporting SEC, regulatory, and both internal and external audits. He holds a Masters in Accounting and a BS in Supply Chain Management. Owner at Salem CPA...

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