Ever wondered what it would take to buy a business? Today we get into the basics of figuring out if you should buy a business and how to get started if you’re thinking about it. It’s common to wonder what it would be like to buy an existing business rather than starting up from scratch—or maybe you want to buy a competitor’s business as a shortcut to growing your own. Today, Lou walks Elizabeth through early considerations about due diligence, funding, and even a little warning about the nepotism or specialists that might be embedded in a small business you’re looking at buying that affect its value. The show gets into jargon again but makes it as painless as possible. Questions? Find us on twitter @Elizabethonline or @louimbriano or write Questions@thekingandlou.com.
