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by alex_g
1826 days ago
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Yeah that's messed up. Any time you're buying anything, but especially a business, you need to do your due diligence. Perhaps I'm naive, but I think your risk in buying a business goes down if the current owner under-appreciates what they have, and you have the skills to do it better than them. |
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This is completely true, my sentiment is more for the idea of a "turn-key business" acting like an annuity. I don't think every business for sale is going down but I think there's a large enough risk case that I'd rather avoid it.