Hi,

I’m located in Europe. I’m looking for buying a small SAAS business (less than 10 people). As there are very few in Europe and plenty of them in the US, I’m spending more time searching in the US than in Europe. Those businesses can be run fully remote which is key in this decision as I would stay in Europe after buying the business.

One of my friend who leaved for 10 years in the US discouraged me from acquiring a US company while leaving in Europe. Legal environment is different and can lead to serious trouble if done wrong. Of course lawyers would do the job but this might cost me more than I can imagine in due diligence or any other advice or services I would need to run this business. Plus, I might fall in a lot of traps anywhere, just because I’m abroad and don’t know the ins and outs of the country.

Those are scary beliefs I would like to weight.

Is someone willing to share his thoughts on this ? Were you in the same situation (abroad, buying and running remotely a business in the US) and how was that experience ? What would your advice be, please ?

Thanks,

Pierre