Your priorities are largely determined by economic interests. It is essential to you that the business you are acquiring is already profitable or has a strong profit and growth potential. As a result, you will give a great deal of importance to the precise market value of this business. For you, a business is both a commodity to buy or sell for a good price and a source of annual revenue to be pocketed. Thus, if you acquire a business, you have to be sure there will be a good return on your investment.
What will your options look like?
- The business you take over will have an important profit and growth potential.
- The financial risk you will be willing to accept and the type of industry in which you will look for a business to acquire will depend on your personality.