Hey y’all- I currently own a bookkeeping firm (which consists of just me) that is netting me a couple hundred thousand a year. I’m also a realtor and will do about $70k this year with that business.

I’m considering buying some sort of franchise or service based business like a flooring company (because of the real estate contacts I now have). Obviously I don’t know anything about these businesses but I feel like I could learn and expand pretty quickly. I just really feel like business ownership in some sort of trade is the way to go in order to expand my “portfolio”.

Am I crazy?

  • NoSquirrel7184@alien.topB
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    10 months ago

    My thought would be to staff up in the businesses you understand and stay away from Construction work where you can lose your ass if you don’t manage it right.