Manage episode 301232270 series 1565308
They say you “get what you pay for.”
But what if you could get much, much more?
It’s Q&A Wednesday, and we’ve got a listener with a (possible) opportunity. An e-commerce store is on its last legs, and the owner has it up for sale — at a discount. But what makes the price so right is also what makes it a tough decision.
How can you know if a business is worth buying, at any price?
Today, we lay out exactly what questions to ask, what data to gather, and everything else you need to know before buying an existing business. Our listener sees potential in this business, even though it’s almost belly-up. The job now is to verify that feeling objectively.
If you’re not trying to buy a business anytime soon, listen to this episode anyway! It can be invaluable when it comes time to sell yours. Click Play!
<span data-mce-type="bookmark" style="display: inline-block; width: 0px; overflow: hidden; line-height: 0;" class="mce_SELRES_start"></span>
At Capella University, you’re in control of your education. With the game-changing FlexPath format, you can take classes at your own pace, set your own deadlines, and even leverage your previous experience to move faster. And the faster you move, the more you’ll save. Now THAT’s smart. Learn more at capella.edu.
The Samsung Galaxy Z Fold3 5G is everything you need in a phone…and a tablet. It’s two screens in one. It’s your office, game room and movie theater. You’ll toggle between windows less and accomplish so much more. The big, beautiful display unfolds endless possibilities — and it still folds closed to fit in your pocket. It’s life-changing! Get the new Galaxy Z Fold3 5G at samsung.com. 5G connection and availability may vary; check with carrier.
The post MBA1865 Q&A Wednesday: Should I buy a failing business? appeared first on The $100 MBA.