When Janelle and Ardell Kick purchased Purple Pumper LLC 10 years ago, the husband and wife team became the fourth owners of a business that had already been serving the needs of Minnesota’s Pine and Kanabec county residents for 20 years.It’s a scenario that came with its share of benefits, Janelle notes. Because the company name had already been circulating throughout the area for so long there wasn’t as much of a need to make their presence known. Plus, there was already a customer base in place. “It definitely makes it easier that way, to jump into something that’s already
Tips for Taking Over an Established Business
There are benefits to buying an existing business, but the process comes with its own set of unique challenges.
Jun 23, 2015
| by Paul Nicolaus |
