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Daily Mirror – 4th July 2007

Way to dough...

Dear BIZ

FOR 22 years we ran a bakery business and for the past three years I have worked as a security guard. I am now looking to start a mail-order business. Do you know any websites where such businesses are for sale?

I Mitcham, by email

BIZ Says:

YOUR seeming lack of focus is a little worrying. To succeed in business you need to be passionate, have great belief and know what direction you are heading.

Experience, or at least an interest in or some knowledge of the venture you are starting, is essential. Otherwise you will find it very hard to compete with those already established.

You do have an impressive 22 years experience in the bakery business, so would this not be an area to revisit? As the saying goes if you want to earn a crust, use your loaf.

We have found a website www.businessesforsale.com which lists a range of opportunities. It may also be worth checking out www.daltonsbusiness.com.

But do your research thoroughly to know exactly what you are buying and the potential earnings and growth before making any final decision which you may live to regret.

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