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Weighing Up the Good and the Bad of Buying a Business

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Just like marriage, having children and getting old, buying a business (as opposed to starting a business from scratch) has its advantages and disadvantages. However, by going into negotiations with your eyes open, you can often minimise the disadvantages and seal a winning deal.

Don’t get tempted to buy a business just because something is selling for a bargain price. Instead, match your own needs, skills and experience against what’s on offer.

Small Business for Dummies

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