Starting your own business or franchise or buying a business or franchise all require something similar in order to be successful and profitable - a successful and knowledgeable entrepreneur. So what is an entrepreneur? An entrepreneur by definition is a person who has possession of a new enterprise, venture or idea and assumes significant accountability for the inheret risks and the outcome.
A person who starts or purchases a business or franchise needs to make sure they are first a successful entrepreneur and have the experience necessary in both the type of business you are investing in and knowledge of how to run a business successfully.
One story in a
recent news article explains how a guy ended up becoming an entrepreneur accidentally. By this he means that he just fell into being an entrepreneur. He did not plan on becoming the owner of his own business one day but he ended up owning his own business based on doing something that he really liked. Because it was something that he really enjoyed doing and had an interest in he developed a knowledge of that particular type of business. A person who has an interest or great understanding of a particular service or product and also has the skills and knowledge needed to run a business are prime canidates for owning businesses or franchises. They have a true interest and understanding of every essential needed to own a business.
There is much more that goes into the process of owning a business and purchasing a business but these areas are where it all starts. If you have not yet made the move that you have been considering making to become a business owner and are interested in either starting or purchasing a business or franchise the first thing you will want to do it to start gathering information on what it takes to be a business owner and put yourself in a position to succeed.
Charles Internicola Staten Island
business lawyer would like to offer his book "
An Entrepreneurs Guide to Purchasing a Business" to you at no cost if you are considering purchasing a business. This book will offer insight into what it is to be a successful business owner and what you need to know when selecting a business to purchase.
Charles N. Internicola, Esq., a partner at the Staten Island law firm of Decker Decker Dito & Internicola, LLP., is an experienced business and franchise lawyer who represents individuals and experienced business owners in business transactions and business litigation in Staten Island, New York City and New Jersey. Charles is the author of the book "An Entrepreneurs Guide to Purchasing a Business" and he is the editor of the New York Franchise Law Blog. If you are involved in a business transaction, purchasing or selling a business, establishing a franchise system or involved in a business dispute, contact Charles Internicola to discuss the specialized legal services that he provides to his clients.
IMPORTANT DISCLAIMER: The information contained on this website is provided for general educational purposes only, should not be relied on as legal advice and does not serve to create an attorney client relationship. In utilizing this website you acknowledge that there is no attorney client relationship between you and Charles N. Internicola, Esq. and that the information contained on this site does not and cannot serve as a replacement for the competent legal advice of a licensed attorney in your state. The content of this website is subject to the Copyright of its author, Charles N. Internicola, Esq.
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