Congratulations! You’ve decided to buy and operate your own business. Now think about selling it. That’s right. Before you open the doors to your business – even before you buy one – you must have an exit plan. Every one of us will exit our business; it’s just a matter of when. You have a choice today – control your future by setting up a business that is sellable in the … [Read more...]
SELECTING A BUSINESS TO START: HOW DO I KNOW WHAT’S RIGHT? PASSION vs PRACTICALITY
When individuals indicate that they want to start a business they are often advised to follow their passion, but is this really the best advice? Unfortunately, such guidance could be a bit short-sighted. Not all passions can be turned into profitable businesses for at least 2 reasons: There’s no demand for the product or service you want to offer. There is a demand for … [Read more...]