Most business owners remember with surprising clarity the “a-ha moment” that changed their career. They recall where they were, what they were doing, and whom they were working for. That day when they wondered about the direction of their life, and committed to change it.
Why am I working for somebody else? Shouldn’t I be building equity for my future? Is this job truly the best option for my family? Is modern corporate life, with the politics, layoffs, outsourcing, and lack of upward mobility, really right for me? I dream about owning my own business. I want control of my financial destiny. I will earn my freedom, flexibility and the pursuit of financial security.
The buying process is a long, bumpy road. It is not for the faint of heart, and is plagued by endless questions and doubts. Am I making a huge mistake? Should I even be considering this? What if I something happens along the way that seriously hurts my chances of success? What if I simply buy a bad business?
These concerns are very natural, and part of every single transaction we handle. Remember, buying a business isn’t like purchasing a pair of shoes online. This is a major financial life decision; this and your home are the two most important purchases you will make in your lifetime.
It is very important, very life altering…and should be treated as such by your brokerage firm.