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Old 11-14-2007, 03:23 AM
sMethod sMethod is offline
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Default Starting a business

Me and a friend of mine have an opportunity to inherit a small business that the current owner no longer has time for. I don't know any thing about running my own business if some one that has some experience starting out as a young novice businessmen any advice would be appreciated. Especially about laws in California concerning the transfer of a business and work mans comp issues.
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Old 11-14-2007, 04:13 AM
maxtower maxtower is offline
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Default Re: Starting a business

Going to need a lot more details about the type of business.
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Old 11-14-2007, 10:29 AM
spex x spex x is offline
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Default Re: Starting a business

It seems to me that if the current owner doesn't have time for the business that the business probably can't support good management. If it could, he'd just hire a good manager, freeing up lots of time. If the business is not good enough for the current owner (i.e., because its a management hastle, or because its unscalable and currently at critical mass and can grow no bigger), what makes you want it? What are your exits from the business?
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