Is it worth a career change? Part 2
Never Enough Money wrote:
I appreciate all the advice and insight I got on the original posting
called "Is it worth a career change?"
But let's suppose I'm either dumb or stubborn or both and wanted to
open up a business despite your admonishments not to. Yes, I've decided
a Woodcraft store is probably not the right thing to do. But now I'm
"kinda sorta" stuck on a place that sells exotic lumber. Let me pursue
that idea a little .....
I've found a place for sale. I don't know the details, we've arranged
to meet December 28'th. Or would it be better to not buy an existing
business and start fresh? Note, if I buy the business, part of the deal
would be to show me the ropes for a few months.
Also think about a no-compete clause. In a town near here a man had a
thriving HVAC business. He sold it for a couple million, then started
another in another name and just plowed the old business under. See a
lawyer (as much as I hate to say that) before the meeting, if possible.
It's better to be hard headed in business. If you trust the ethics of
someone else, he may not have any.
--
Gerald Ross
Cochran, GA
All things being equal, fat people use
more soap.
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