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Buying a Business
One of the best ways women entrepreneurs grow a business is by buying another.
Learn here how and when the strategy of buying a business makes sense, and how to do so successfully.
By Wayne Rivers, CEO Family Business Institute
Polls are a fact of life in America today. They cover every topic from who we might vote for to which websites we visit most often to whether we look favorably upon Madonna’s attempted adoption of a child in Africa.
Some interesting poll data has recently come out about family business and closely held business owners. On February 18, 2009, Rasmussen Reports released a poll of favorability ratings for various professions. Not surprisingly, members of Congress and big business CEOs were at the bottom of the list with negative favorability ratings of -42 and -51, respectively. Pastors and religious leaders were near the top with a +50 favorability rating. Surprisingly – even for those of us who are huge fans of family and closely held business leaders as we are – small business owners were at the top with a +88 favorability rating! Second highest rated was “people who start a business on their own” with a +76 favorability rating.
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Buying a Business