May 2006 Financial Status / Net Worth Update
Monday, May 1st, 2006
Archive for May, 2006
May 2006 Financial Status / Net Worth Update
Monday, May 1st, 2006
Window-Shopping For Your Own Small Business Monday, May 1st, 2006
Although I have no real plans to buy an existing business, after a comment on my Thinking Big post I have been much more keen on evaluating local small businesses in my area. What’s their niche? What kind of overhead and time commitment does it take? What are their profit margins? And sometimes - How the heck do they stay in business?!?
I’ve also ran across a couple of sites that list small businesses for sale - BizBuySell.com, BusinessesForSale.com, and BusinessBroker.net. It’s very interesting searching in your local area - you might find a shop you frequent for sale! In reading the descriptions you can learn a lot and also see how hard it is to make a profit as well:
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