How far is too far as owner/operator?
I live in the heart of a major metro city and want to acquire a small manufacturing business.
I plan on taking full responsibilities of owner / operator, but don't want to move the family at this point (great support structures currently).
So, the question is what considerations should I factor in for how far away from home base could I acquire a business?
My ideal would be only a 3o minute drive, but I dont want to cut off too much deal flow. Currently looking at a deal that would require over an hour drive, which seems like a daily beating - but if the business is a good fit, would it be worth it?
Thanks in advance!