Quote:
Originally Posted by simmer2
That's why you need to screen which business you are buying. If you set out criteria and only go after companies with those criteria, then it's not that risky. And a lot of folks that run their own business have one that is too small to be self-sufficient. That's why it is good to go after a company that has a bit of size to it. 8-10 employees kinda thing.
Obviously, it isn't for everyone either. Sometimes, like you say, folks are better off going for "singles and doubles" because they are more comfortable with those. And you can do very well with those investments if you are smart and have a good advisor.
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Agreed. I'mjust saying that it's very difficult to do, is all.