Buying Small Businesses: Is Investing in One Worth It?
The Money with Katie Show
00:00
Small Business - The Best Kept Secret in Investing
The pandemic put a lot of small businesses through the ringer. There's more opportunity in buying cash flowing boring small businesses because it is so much less popular than other types of investing. The owner was only paying herself forty thousand per year, but then basically expensing like, everything. She told me she probably spent about three thousand dollars a month on like personal vehicles and food, in addition to the forty thousand that she was paying herself.
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