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Tip of the Day Your Career Is Your Most Valuable Asset

Your Career Is Your Most Valuable Asset - Building a career should take the highest precedent in your life. You will never have another investment that can...

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Search Business Owner

Are you thinking about buying a money-making operating business? Then, congratulations! Ownership of business and their operations can actually be financially the most profitable and intellectually inspiring pursuits that one can trail in life. Moreover, the normal process of buying a business that is already operating is very complicated and challenging hence you will obviously want that you are fully prepared for it. Therefore you will need to collect information about the business you want to buy so that you can find the right owner to look for. To bring success to your business you will need to be fully knowledgeable and prepared. Also if you need to search for the right business owner you first need to search the right business for yourself.

First you need to calmly ask a few questions to yourself:

* Which business interests you the most?

* Are you experienced and qualified "technically" to run a business that you have chosen?

* Do you think you have a good control over your temperament to handle customers, difficult employees and demanding creditors?

Next you have to analyze why should you buy an already operating business?

* Buying a business which is already operating can be very beneficial, as firstly you don't need to set up a business from scratch, which saves a lot of your time and money.

* Secondly as the business is already running you have less difficulties in finding and appointing employees.

* Thirdly you face fewer problems in making and finding customers, as most of them are already found by the ex-owner.

After you have answered and thought about all that was mentioned above, now is the time to search business owners. How can you do that? Go on reading:

* You can put up an advertise in the newspaper classified under the business opportunities

* You could also consult a broker who could help you find the right owner, if you don't know any broker you can find their phone numbers easily on yellow pages telephone director.

* You can ask people you know like friends, relatives or other family members and even ask them to spread the word around.

* Periodical publications and magazines could be another great idea to search business owners.

* The best and greatest way to search business owner is on the internet, but make sure you don't search under "business opportunities" but search under "businesses for sale"

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Definition of the Day Minority Ownership

Minority Ownership - Minority Ownership is less than fifty percent ownership of a corporation voting stock, or not enough ownership to control the company operations. From a purely accounting point of view, parent company which owns less than one hundred percent, but more than fifty percent of a subsidiary presents...

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