Buying a business is a very serious decision and can be one of the biggest investments you make in your lifetime.  Buying a business is a personal and life-style decision also, not purely a financial one.  Buying a business is sometimes, but not always, more costly than starting one from scratch.  Buying a business is a great thing and can free up time for you to spend with your family and friends while taking control over your own life.

Buying a business is like buying a used car; there are lots of them out there, but some of them are lemons.  An important aspect of buying a business is to buy it at a fair price, not an inflated or overvalued price.