SELLING YOUR BUSINESS REALLY PAYS


The world of entrepreneurship is full of financial axioms that can lend
to some very bad advice, especially when viewed from today's economic
window. For example, one of the biggest myths in business is that "It
takes time and patience before a business can be profitable. People
build businesses to own it for life."


This myth can cost you a lot of disappointment. Imagine knowing someone who is
planning to start a Typewritter Repair Shop in today's market? I wonder how
many people will encourage him to continue.  At today's "entrepreneurial speed" you have to look for business gems, a business that will enable you
to generate a quick return on your investment, and a potential for
resale at its point of maturity. A business that you can build now, make a
profit is 90 days, and then sell after 3 years, and then continue collecting
royalties after you've sold the business.