Gary Smith

Every aspiring entrepreneur eventually faces a foundational choice: Should I buy an existing business or start a new one from scratch? This is not merely a logistical question, it is the first, and perhaps most critical, strategic decision that will define your entrepreneurial journey. The right answer isn't a one-size-fits-all solution. It requires a clear-eyed assessment of your personal circumstances, the market you plan to enter, and your ultimate goals. To help you find your answer, we...

Does this sound familiar? You’re working "twenty-five hours a day, eight days a week." You make it to your daughter’s dance recital, but you’re not really there. Your mind is consumed by the latest business problem and how you’re going to fix it. Every moment is spent just trying to hang on, worrying about payroll and the future. You started your business for freedom, but instead, you've become a "slave to your business." It owns you. If you feel like you're sinking in quicksand with no...

6. Consider the Location and Customer Base If the business is location-dependent, the physical location of the business can play a huge...