Starting out
Hi I am currently 23 years old, studied finance at UCF, have small business with 20 employees (industry that I know) , I am thinking to getting into entrepreneur acquisition. There is couple things I am afraid of when buying other business. I need help on getting started to buy business, that's not in my industry. So when buying business, what do you do when you first come in, like what if the owner leave, and you don't know what to do. I guess the questions (you might think it is stupid) are - "How can you buy a business without first knowing the business?". - "Do you just go out and buy anything that profitable without need the knowledge at the first place?". Thank you anyone, who could help me answer these question