In: Finance
One evening when you went to pick up your child at the KinderKare, the owner mentioned to you that she would like to sell the business. You have always wanted to run a day-care facility and would like to try to buy her business. What facts should you consider in making this decision? (This can be a detailed list.)
The facts that will be considered while buying this business will be:
1. The investments it takes to buy the business.
2. The involvement of cost of running expenses involved.
3. The profitability it generates.
4. The factors of growth involved.
5. The dynamic nature of the business.
6.The lumpsum investment it will take from time to time.
7. The flexibility it can adapt.
8. The long term creation of wealth it promises.