independent

Thursday 23 May 2013

Feargal Quinn: A similar business in a nearby county is going bust – should I buy it? 

Q: I have set up a company selling software and things are going well. I see a company in a neighbouring county is in trouble and may go bust. I'm interested in buying the company. Do you think I'm better off waiting until it goes to the wall or stepping in now? Or do you think I'm crazy? I have read academic research that says it is never a good idea to buy companies and organic expansion is best. Any advice would be welcome.

 

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