It’s a common misconception that the only reason businesses come up for sale is because they are doing badly. Certainly some businesses will be selling for this reason, but by no means all. Retirement and ill-health force many otherwise profitable businesses to be sold.
I’ve read recently that many successful family businesses are being sold because no one in the family wants to take them over. So there can be a whole range of reasons for businesses coming on the market.
Tips:
Remember: if you are considering buying a business you should take professional and impartial advice before making any decisions.
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