No Big Startup Idea? No Problem. Here’s How to Buy a Business.
August
10, 2021
6 min read
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Not every entrepreneur needs inspiration; entrepreneurship through acquisition might be where you shine.
When you think of an entrepreneur, you probably imagine some visionary with a grand new idea. The archetypal entrepreneur builds a plan centered around that idea and then bootstraps the business to great heights. We’ve seen this play out again and again — but not all of us have billion-dollar ideas. Does that mean we’re not entrepreneurs?
Of course not. You don’t need an Uber- or Airbnb-caliber idea to find your place as a business leader. It’s great if you have such an idea, but if you don’t, you still have options. For one, you can just buy a business.
Related: How to Finance an Acquisition Using an SBA…