buyingabiz.JPGBusiness Ownership is open to all in the United States, with a few exceptions you can pretty much open any business you want in the US and run it as you see fit.  You are certainly by no means guaranteed to succeed but that is the nature of the free market, you are free to run your company your way and the market will judge you and grade you with a passing or failing grade.  Pass and your business grows, fail and you go back to employee status inside someone else's business.

Starting a business though is a daunting task, now on my third start up as a business owner and founder I can promise you it is not a task for the faint of heart.  There is however a short cut to business ownership, buy an existing business, with a solid customer base that is already turning a profit.  If you plan to buy a business though there are deffinitely many questions to ask when buying a business and you need to make sure you ask the right ones and that you are getting accurate answers.

Personally I tend to be more of a builder who likes to create new companies from the ground up but I can tell you if I were considering the idea of buying an existing company, one person who's advice would be priceless would be the master of business, Donald Trump.  Well as it turns out Trump has an electronic course called, The Art of Buying a Business. If you really want to understand the processes of negotiation, business valuation and financing options check out the Trump University class on Buying a Business and perhaps you can take this often overlooked short cut to wealth.

~ Jack 

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