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Should i buy a business (M and A) or start a business in health care sector, medical device industry?

issacindigo

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im new to the forum 26 years old and i understand that starting a business that helps others with magnitude and scale and im choosing the health care industry in the medical industry sector i know that this industry is always going to be in demand but i'm not sure should i start a medical device industry business an grind it out to get clients find managers etc or buy a medical device business ..partner up with VC build a board that helps with mentoring me and get a stake in the company plus investors etc get a in house attorney and a in house accountant this process of buying businesses in the 1-5 million range can take up to a year plus id be in debted in a 9 year span to pay back and id be able to repeat this process by buying multiple businesses all in 1 state or all over the country what should be the decision or path i should take would love the feed back
 
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baobie

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im new to the forum 26 years old and i understand that starting a business that helps others with magnitude and scale and im choosing the health care industry in the medical industry sector i know that this industry is always going to be in demand but i'm not sure should i start a medical device industry business an grind it out to get clients find managers etc or buy a medical device business ..partner up with VC build a board that helps with mentoring me and get a stake in the company plus investors etc get a in house attorney and a in house accountant this process of buying businesses in the 1-5 million range can take up to a year plus id be in debted in a 9 year span to pay back and id be able to repeat this process by buying multiple businesses all in 1 state or all over the country what should be the decision or path i should take would love the feed back
Whether to buy it or not, should be determine by the selling price of the business. May be a PE ratio of 9 is low for a medical device company.(or may be it is too high)

On the other side, is the business have any barrier of entry? Can you build another business like it also?
 

issacindigo

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Whether to buy it or not, should be determine by the selling price of the business. May be a PE ratio of 9 is low for a medical device company.(or may be it is too high)

On the other side, is the business have any barrier of entry? Can you build another business like it also?
to be honest im not really sure i have to do some research
 

issacindigo

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How is your research going?
its going good at first i wasnt sure if buying businesses wasnt fastlane becuase i may not have full control because i have to partner up with someone whos knows about running senior health care facilities and ill be using there credibility to meet with investors
 

Johnny boy

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“Business plan: grind it out, build a board, finance 1-5 million, repeat all across the country”

F*cking full send yolo

Banker: “why should we give you 2 million with no capital infusion on your part to acquire this health care business?”

“It’s always in demand, people are always gettin sick n shit. Plus I’ll F*ckin grind I’m built different”

“Okay sounds good to me”
 

Mathuin

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issacindigo

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“Business plan: grind it out, build a board, finance 1-5 million, repeat all across the country”

f*cking full send yolo

Banker: “why should we give you 2 million with no capital infusion on your part to acquire this health care business?”

“It’s always in demand, people are always gettin sick n shit. Plus I’ll f*ckin grind I’m built different”

“Okay sounds good to me”
haha yes thats the move love the energy G what are you starting or doing at the moment g?
 
D

DeletedUser84644

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Start a business. Buying businesses are for the experienced champs who have had success in business already. Otherwise, you will pay the price with experience (The bad kind). The ones with the experience take the money while the ones without the experience lose it to the ones that do have it. Never forget about that
 

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