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re: Businesses for sale

Posted on 6/20/18 at 3:34 pm to
Posted by LSUFanHouston
NOLA
Member since Jul 2009
37197 posts
Posted on 6/20/18 at 3:34 pm to
Would this be a passive investment or something you will actively work in?

In addition to talking to CPAs and attorneys, I would add trying to talk to someone at your local chamber of commerce, as well as an organization like Score.

Also, what small businesses do you like to work with? Go talk to their owners and ask them.

I just don't see a lot of small business sales to random non-current business owners these days. Usually when someone wants out of a small business, assuming there is no family to take it over, they either sell to an employee, to a larger company, or to someone else they know.

If you think realtors are a scam for the amount of money they get, they have nothing on business brokers.
Posted by NOLATiger71
New Orleans
Member since Dec 2017
1702 posts
Posted on 6/21/18 at 5:13 pm to
This would be something I would work in and run fulltime.
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