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Inherited businesses are more profitable.
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[QUOTE="Bookwormlux, post: 221059, member: 25193"] It is not easy for one to start a business right from the scratch as this gets to require a very high sense of self discipline and also financial discipline backed by top notch patience before you would start seeing expected or desired results . Especially In this generation where it does not seem as though more people are willing to endure what it means to follow the process to Succeed in life . This is one of the reasons why I am of the opinion that a business which one inherited, especially from their parents is more likely to stand the test of time than one which you decide to start from scratch.. Inherited businesses help you to only build on an already established foundation. This then makes every thing easy, especially if you have got the right knowledge and resources readily available for you to go about the business. Another aspect that makes these inherited businesses more profitable is the fact that they are usually structured in a way that all necessary licenses and regulatory compliances are settled before you even take over. As such , you are rest assured that nothing would make you at risk of law enforcement agencies again. What do you think? [/QUOTE]
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Inherited businesses are more profitable.
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