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In the future, I would like to buy a business that makes at least several hundred thousand dollars per year. But I fear I won't know what I'm getting into. What I mean is,
How does this business really work?
What exactly is it about this business that enables it to be so busy, and profitable?
How can I be sure of the answer?
What is wrong with this business, and how can I be sure?
Is there a competitor in the market, or something I'm not seeing that is about to take business away some time after I've bought it?
If the CEO leaves, how will I find another one to replace them, and what do I do without one there?
This is where I'm at. Just asking questions.
How does this business really work?
What exactly is it about this business that enables it to be so busy, and profitable?
How can I be sure of the answer?
What is wrong with this business, and how can I be sure?
Is there a competitor in the market, or something I'm not seeing that is about to take business away some time after I've bought it?
If the CEO leaves, how will I find another one to replace them, and what do I do without one there?
This is where I'm at. Just asking questions.
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