Hey everyone,First of all, I’m in no position to buy a business currently, nor will I be for a while. However, I’ve always been fascinated by the idea of investments and growing your income. I’m just trying to learn a few things!I’ve really been interested in fast food franchises, along the likes of Subway etc. I live in the U.K., and I was just casually browsing business for sale sites and trying to gauge an idea of how businesses function and how they are managed.One thing I noticed, particularly with Subways, which is why I mentioned it above, is a lot of the listings are for sale by owners who either purchased them/started them around 4-6 years ago. Now it would be fine if it was one or two shops, however I came across more than a dozen listings in that time range. Any ideas as to why?Also, a lot of these businesses seem to be advertised as staff managed, my question is, obviously you would never really be fully absentee. However, if they are truly staff managed, and say you pay attention to your shops/businesses 10 hours a week - why would you sell? If it’s bringing profit to your business portfolio, why the need to sell?And which type of financial advisor/accountant/lawyer would you consult to help you go over all the business practices and finances?Just trying to educate myself, thank you for helping out! see hubwealthy.com/wealthy
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