In the market for a new business? BSAB is the site for you!

 

Have an open mind and search.

 

Obviously, you want to consider only those businesses that you would feel comfortable owning and operating. "Pride of Ownership" is an important ingredient for success. You also want to consider only those businesses that you can afford. In reality the business you buy must be able to or have the potential to supply enough income, after making payments on it and paying your bills, to show a return on your investment.

If you haven't already, we suggest you take a look at the businesses available in Find a Business. Try your local area and see what is available. Also, keep in mind that if you've always wanted to live in your old home area, now is the time to consider it. If you're going to go into business for yourself, you can do it anyplace and Find a business has opportunities all over.

It's important that you keep an open mind as you look and consider different businesses. Unless, you are absolutely sure of the type of business you want, look at anything that is within your price range and provides at least the minimum cash flow you require.

However, you should look at a business with an eye toward what you can do with it - how you can improve it and make it more productive and profitable. There is an old adage advising that you shouldn't buy a business unless you feel you can do better than the present owner. Everyone has seen examples of a business that needs improvement in order to thrive, and a new owner comes in and does just that. It all depends on you!.