Buying into a Tanking Industry
Watch out for sellers with bad intentions. Sometimes sellers will be in the market because they know that their business or industry is about to tank. That means you could be the unwitting buyer that gets persuaded to buy them out before the downturn happens--leaving you with an unsuccessful company. This almost happened to me when I was looking to buy a durable medical equipment business in Arkansas.
Read what went down in my new blog post:
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