Real Benefits of Buying a Business Part 1
My top 5 reasons for buying your own business beyond the income it can generate for you and your family.
- Buying a business gives you the ability to control your destiny and utilise your abilities for your own wealth creation. For most buyers it is the desire to use their skills and talents that is directly rewarding both personally and financially. For some it is the desire to be involved in an industry that was not possible in an earlier part of their life. Common examples are people that love cooking and have an outgoing personality so eventually move into hospitality and buy a café or a restaurant or a catering business. For others it is a desire to work outside and get away from a desk. The most important reason is no one is going to tap you on the shoulder and retrench you, retrain you in an area to don’t want to go to , change your shifts or drop your pay rate.