I’ve got some cash saved up and I’m thinking about buying a small business. Where should I begin looking? Where do people usually post businesses for sale? I’m just trying to get a starting point to begin exploring this idea. Any advice is appreciated!
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There’s a digital business marketplace called Flippa. I’d recommend not buying 100% of the shares right away. Maybe start with a small share, and after you get the hang of the business, you can buy the whole thing. Make sure to adjust the agreement so you have a rollback plan in case things don’t work out.
It really depends on what kind of business you’re interested in. Try advertising on Facebook, this forum, Google, and see what comes up. You could also visit local businesses and ask if they’d consider you as a potential buyer. Not exactly related, but if you ever need any help with graphics, like 3D product mockups, logo design, or website graphics, feel free to DM me. I specialize in that!
Check out the acquiresaas forum, where businesses are often for sale. You can also DM me if you’re interested; we have businesses available, and I’d be happy to connect you with the sellers we’re working with.