moonchild
VIP Contributor
If you're looking at buying already established business, what are some metrics you should look at before jumping right in, how can you avoid losing your money in this type of deals? First of all you have to check if the business has any type of debt, buying a debt-ridden business is not a good idea, because you'll have to clear up the debt before expecting any sort of profit.
You should make sure it has a cash flow, a cash flow is the life blood of a business, if the business you want to buy lack a cash flow, think of ways you can start making profits if you buy it and measure the feasibility of your projections before buying the business.
You should make sure it has a cash flow, a cash flow is the life blood of a business, if the business you want to buy lack a cash flow, think of ways you can start making profits if you buy it and measure the feasibility of your projections before buying the business.