The Tax & Legal Playbook To Buying Businesses Part 2

[@pursuefinancialfreedom]

What is the Live Oak contact info for SBA loans?

[@fredbarker8726]

I disagree on the wisdom of just buying the assets of a business. If you buy a business’s assets and establish a new company, that company has no working history, which can create problems with credit, finance, and insurance. For example, if you bought the assets of a company like mine (which performs dangerous industrial services), your new company would not qualify for the workers’ compensation or general liability insurance it would need to operate.

[@philliptexidor3029]

Great stuff brother