LOOKING AT BUYING A BUSINESS- HOW DO YOU DECIDE WHICH IS THE RIGHT ONE?
Do I really know much about the business?
Do I have all the skills needed to start and run the business?
Would I really enjoy whatever is necessary to sell this product or service?
How much money do I need to make each week?
How long would it take to start generating that much money?
How much will it cost to start this business and run it until it starts producing income on a steady basis?
Can I afford to put that much into the business?
What money will I use to live on until the business starts making money?
How fast do I need to generate money?
Are there really enough people who want to buy this product or service?
Do I know how to find them?
How many hours a week can I work now?
How many hours a week will it take to do all the work (finding customers, producing or getting the product or service to them, billing them, doing the book-keeping)
How big could the business grow?
How big do I want it to grow?
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