Thank you for the informative article. My husband was active duty military when he passed away several years ago, so i received a large sum of money from his death benefits. Most of this cash is sitting in brokerage accounts. I own 3 homes – 1) owe 113,000, valued at 150,000; 2) owe 119,000, valued at 255,000; and 3) owe 223,000, valued at 230,000. I have a net worth of just over $1m. I have no expertise in any one field, I am only interested in letting my money work for me and hiring the right people for the business. What kind of hurdles should I expect in buying a business?
Hi Donna: Thank you for your husband’s service and my condolences on his passing. I’m glad you enjoyed the article. Some hurdles you should expect to face when buying a business include identifying the right passive business, getting financing for the business and hiring the right people.
Here are some links to articles that may be of help.
You must be logged in to reply to this topic.
315 Madison Avenue, 24th Floor
New York, NY 10017
Disclaimer: We spend hours researching and writing our articles and strive to provide accurate, up-to-date content. However, our research is meant to aid your own, and we are not acting as licensed professionals. We recommend that you consult with your own lawyer, accountant, or other licensed professional for relevant business decisions. Click here to see our full disclaimer.
Product or company names, logos, and trademarks referred to on this site belong to their respective owners.