sangisinacoma
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- Jan 5, 2023
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Hi all- I am looking to acquire existing small businesses in my local area (ei. gas stations & laundromats, car washes) and I am new to the game. While I am currently working with SCORE & the SBA to get up to speed in learning how to evaluate and operate these businesses, I am still a novice to the world of entrepreneurship. That being said, this is a route that I am serious about pursuing but seems incredibly risky for my first venture considering I have no direction in the event that something happens. My thought is that if I can do a deal with a local investor (I have one in mind) that it would allow me to learn the business and also share in the profits so that I can continue on in my journey to do this for myself. Does anyone have suggestions as to where I can find a partner or majority equity investor?
My thoughts were the following:
1- Contact local SBA lenders
2- Local entrepreneur groups (I cannot find any in Boston)
3- Cold call similar businesses and see if the owner wants to expand
4- Family/ friend network (not really an option)
Any other ideas?
My thoughts were the following:
1- Contact local SBA lenders
2- Local entrepreneur groups (I cannot find any in Boston)
3- Cold call similar businesses and see if the owner wants to expand
4- Family/ friend network (not really an option)
Any other ideas?
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