How to Buy or Start Your Own Small Business - Cabot Wealth Network

How to Buy or Start Your Own Small Business

Get everything you need to know about buying and owning your own small business—when you read the March 2022 issue of our magazine, just released!

March 2022 CMC Magazine Cover-CMC_021622

Have you dreamed of turning your jewelry-making hobby into profits? Do your friends and family tell you that you are so good at baking that you should have your own Food Network show? Are your photographs professional quality? Does everyone you know ask you to plan their birthday, wedding, anniversary parties?

Or have you just fantasized—for years—about chucking your boring job and starting your own business?

Well, now may be the perfect time to do that! And you wouldn’t be alone. According to a survey from Prudential, since the beginning of the pandemic, 20% of workers have changed careers. And Microsoft recently reported that 46% of employees are considering a career change.

Last August, 4.3 million Americans (about 3% of the workforce) quit their jobs.

Many of these career changers and job terminators are trying something new—starting their own businesses. In 2021, according to the U.S. Census Bureau, 5.4 million new business applications were filed, easily beating the previous record of 4.4 million applications in 2020, and handily surpassing the 3.5 million filed in 2019.

Bottom line, this is a great time for budding entrepreneurs to step out on their own. Are you ready for that?

Read the feature article in this month’s magazine now to learn all about this growing trend and how you can act upon it yourself.

First, you get the ten-step list for buying a business:

When you read this article in the March 2022 issue of our Magazine, you’ll learn all about the key steps for buying your own small business. You get advice about how to start your own small business from scratch, too, including:

Finally, this article in the March 2022 issue of our Magazine also includes details about buying a franchise. You get information about the different types of franchises, plus all the advantages and disadvantages to consider if you want to buy a franchise.

Read this article now to learn all about buying and owning a small business—and get everything else in this issue of our magazine, including:

This latest issue of our Magazine is ready for you to access now, to discover everything you need to know about buying and owning your own small business … and much more. Read it now!

Comments

You must log in to post a comment.

Enter Your Log In Credentials

This setting should only be used on your home or work computer.

Need Assistance?

call Cabot Wealth Network Customer Service at

1 (800) 326-8826