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If you aren't growing, you're dying. This is especially true in business where there is generally attrition to contend for. Acquiring a business is generally
by bmelton 14y ago
If you aren't growing, you're dying. This is especially true in business where there is generally attrition to contend for.
Acquiring a business is generally only done when the expectation of future revenues is greater than the purchase price, but if the business is dying, the key is to maximize the revenue out of it so as to prolong the inevitable, and squeeze as much money out of it as they can.