Buying VS Starting A Small Business With David Barnett- Ep 240

Discover the intriguing debate between buying and starting a business, focusing on the crucial idea of being 'sell ready.' Learn how proper preparation can enhance both value and profitability. The podcast also dives into the importance of having a clear return on capital strategy, especially with the growing trend of car washes. Another highlight is the concept of stair-step growth, which helps manage small business expansion without overextending. Plus, hear relatable stories about emotional challenges in business valuation and the frustrations of navigating the airline industry.