Posted by & filed under Part 1 Business in a Global Environment, Part 2 Starting and Growing Your Business, Part 3 Management: Empowering People to Achieve Business Objectives.

Description: When friends heard that James Higgins, 31, his wife, Trish, 29, and his brother Palmer, 27, left their traditional jobs in finance and sold their charming Greenwich, Conn., townhouse, they assumed it was for an exciting opportunity elsewhere.

Source: NYTimes.com

Date: Sep 09, 2015

Link: http://www.nytimes.com/2015/09/10/business/smallbusiness/entrepreneurs-who-buy-small-companies.html?ref=smallbusiness

Questions for discussion:

  • What does the article say about the advantages and disadvantages to taking over an existing business?
  • Are those going this route true entrepreneurs?

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