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by webnrrd2k 1471 days ago
I go to a small optometry practice, and I was told by my optometrist, several years ago, that it was a common thing for practices to be bought up by large corporations. They then sweat-shop the employees in an attempt to extract maximum returns. My optometrist didn't want to work like that so he (and his partners) didn't sell. But, in Southern California, it's a common thing for optometrist to build up a practice and flip it to larger companies.
1 comments

You can make a moderately comfortable bonus living this way IF the companies are remote and your clients are local - build business, flip to company, wait a bit, start a new one, wait for the old to implode, get your customers back, and repeat.

Similar to a guy I knew who sold his restaurant four times, each time buying it back for a song from the new owner who couldn't make it work out.