If you're about to have a business, you'll think about how to get it, by staring a new one or buying an existing one. Anna Bryant bought an existing salon when she had the chance instead of starting her own.
The reasons for that are because she had no business experience or skills but she believes that she have the capabilities to run this salon, also she's an entrepreneur for the first time and this will save her the time of the stating period plus the effort of building the business name and make it stand in ground, it also have customers and staff and already been running for years so she can start making sales from the first day.
Before buying the business there are some steps to be taken, studies, plans and more, like knowing the first owner decided to sell the business and if there are major problems within the business and figuring out how to solve them. Appraising the business is a must too because she wouldn't want to pay more for the business. She should get help and ask experts about all the details as she also need to sit plans about how she'll run the business and about the changes needed to be made and make expectations to be reached. Also evaluating the risks and see how to avoid them. After finding the reasons and applying the required steps before buying, Anna Bryant is now able to make her decision.
Successful Entrepreneur Effectiveness A Successful entrepreneur have special characteristics, passion, willingness to take risks, Positive attitude, Confidence, respect, and trust are all needed in the entrepreneur character. Commitment, leading skills, team building and flexibility also makes a good entrepreneur. knowledge in markets and how to run businesses and how to communicate with others, all these characteristics build a Successful entrepreneur.
Having no previous experience as an entrepreneur doesn't mean that the business won't be successful. Anna's first