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I am looking for advice

Hello everyone,

I am trying to get away from corp work so I am looking to either start a new business or buy a exciting business. I have between 50k to 150k cash to invest.

Thoughts?

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Answers (3)
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Do you want to start a new business or invest on an existing business?

I've been an entrepreneur all my life and from experience I can tell you that entrepreneurs are born, not made. With that being said, unless you have started a previous business in the past, you are better off investing in a business that an entrepreneur has started. Your chance of success will be much much greater. Let me know if you need more advice/help at josecervantes@josecervantes.com

Jun 12, 2014
Marv White
Bizprofitpro
Hartford County, CT
Premium Broker

Hi Sean, the first thing to do is to find your passion. Knowing your passion will allow you to determine what business will fit you. Being in the right business is the most critical factor. Also consider your income requirements as that will affect the size and complexity of the business you want to run. Lastly, buying an existing business is less risky and faster than a start-up. Good Luck!

May 1, 2014
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The BAF Group LLC
MD

We have a blog that helps people looking to start or purchase businesses. Here is one of the posts that may help. There are also others that could be of assistance. http://combrokerbusiness.wordpress.com/2012/01/10/to-buy-or-not-to-buy-a-business-that-is-the-question/

May 1, 2014

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