Many Americans dream of owning their own business. In fact, the most recent statistics from the U.S. Small Business Administration show that there are 30.2 million small businesses in America that employ 58.9 million people. Owning a business, of which 99.9% are considered “small”, can be a great way to achieve the American Dream. There are two ways to ownership: start-up or purchase. This article will explore the potential pitfalls that go along with purchasing a small business.
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