About half of all business started don’t make it past 5 years. The percentages are greatly reduced when buying an excising business. Either way make sure you have these pitfalls covered before you jump into your own business.
Trying to do it all
Assuming a Product Will Sell Itself
Not Understanding Finance
gnoring the Most Profitable Aspect of a Business
Going In Without Enough Capital
See more details in here:
Sell a Business, Business Broker Los Angeles