Why Should I Buy a Business During COVID?
Business owners are willing to negotiate now more than ever. Which means many businesses are selling at very competitive prices.
Banks are financing with highly favorable interest rates that benefit the buyer. Many banks are financing with as little as10% down.
Many businesses are having their best year ever which translates to instant cash flow and growth.
If the business is slow right now there is a good possibility that they will sell for a lot less and train longer. This gives the buyer additional knowledge for when business picks back up.
7.6% of the U.S. adult population are millionaires and 66% percent of millionaires own their own business. The 2016 study also showed that 78 percent started out as middle class or poor, only 22 percent grew up in the upper class
Millionairefoundry.com
9/13/2020
The time to invest in your future is now.