How To Properly Invest In Other Businesses

If you are a business owner that currently runs a successful business and want to start investing in other businesses then you must listen up. Let’s say you find a business that is doing very well however they want to get to the next level, this is where you can come in an buy some shares of the company and with your expertise and help grow the company to higher revenues. It has been my experience that most businesses typically reach a certain point where they need outside help from someone more experienced to help them reach a new milestone. Just think about it as having a mentor, if they are a 10 out of 10 in their abilities and you are at a 5, they will inevitably bring you up a couple levels. One of the first things a business should do when considering new growth, is bringing in a consultant to evaluate the current state of the business and help put together an action plan. It helps to get an outside perspective because often times we miss the minor details that are right in front of us.

There are many factors that come into play when looking to invest in a business. Such as the size, annual revenue, year over year growth etc. If you are just starting out as an investor then I suggest you look at Flippa as they have online businesses that you can buy or either invest in. Another great website is Crowdfunder as they are just like Kickstarter however your investment gives you equity stake in the business.  Once you get some of these deals under your belt, you can begin the process of becoming an accredited investor. To become an accredited investor you must have an income of $200,000 in the past 2 years or have a networth of $1 million.

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