Hypothetically, If a person had their own carpet cleaning business. It is an s-corp been in business for two years. Solo operator, business is debt free but also has not established any credit as everything purchased has been paid for in cash so far. The business does not do a lot of volume yet, basically enough to pay the bills at this time.
Is it feasible and what are the options for a business like this to come up with say $175,000 to buy another business?
Is it feasible and what are the options for a business like this to come up with say $175,000 to buy another business?