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re: Buying a business without OT Baller status
Posted on 11/27/12 at 9:06 pm to StrangeBrew
Posted on 11/27/12 at 9:06 pm to StrangeBrew
Nice catch that it's a rep agency. I read supply business and was thinking it was a wholesale supply company.
Woah, that hits close to home.
Family business (which I am not a part of) is a rep agency I can tell you first hand that it can flourish after the principal has 'retired'.
However, I will agree on the evaluation from the lines... if OP has not been an actual part of the business for a long time prior to buying it, he'll have a very tough time.
30 day contracts and commission only is a hard way to make a living.
Woah, that hits close to home.
Family business (which I am not a part of) is a rep agency I can tell you first hand that it can flourish after the principal has 'retired'.
However, I will agree on the evaluation from the lines... if OP has not been an actual part of the business for a long time prior to buying it, he'll have a very tough time.
30 day contracts and commission only is a hard way to make a living.
This post was edited on 11/27/12 at 9:09 pm
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