Buying an established manufacturing business
Prospective first time business owner in his 20s. I’m looking to own and operate a manufacturing business long term, ideally in aerospace or related sector.
However I have a few questions:
a) where do I buy such a business. Are online websites like BizBuySell trustworthy enough?
b) what criteria are relevant to consider when buying a manufacturing business? Where do I learn the industry standard practices?
c) once acquired, how does one go about expanding the business and finding clients?
Thanks a lot. Mainly concerned with an and b.
I understand that running a business can be stressful but I think it’s very cool and am willing to do whatever it takes to succeed.