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6 Red flags of a business to avoid buying
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[QUOTE="Augusta, post: 304083, member: 25283"] if you are not ready to start a business you can buy a business that the owner is willing to sell. But you need to really assess the business to avoid buying a dead business that you might not be recoup your money in the long run. The following red flag should help you stay off buying a dead business Avoid buying a business that the Start-up work is incomplete. It means that the business is not a 'going concern' and wouldn't last for a long time Be wary of a business that the Outstanding debts to pay is very high. Be sure to know about all the debts before buying It is a red flag when a business was run on Loans or investor funding.. You need to think about how else you can be funding the Business Another red flag for a business not to he bought is when the business Customers were loyal to the seller, and not the business. A business that had a long-term contracts with suppliers, who are unreliable or expensive is a huge red flag. it shows the business wouldn't have been a success after all. Another red flag you might not consider buying a business is a business with high level of Ineffective human resources. [/QUOTE]
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6 Red flags of a business to avoid buying
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