Buying a Struggling Business? Here’s What to Know Before You Take the Leap
Taking over a struggling business is not a shortcut to success—it’s a bet. One that’s high-risk, high-friction, and loaded with potential. But if you play it right, that friction becomes fuel. The key isn’t to “fix” the business—it’s to deeply understand where it broke, why it still matters, and how it can evolve. Whether you’re inheriting someone else’s mistakes or stepping into a market that no longer behaves the way it used to, your job is to see the future in a model that’s failing now.Diagnose the
The CTA, BOI and FinCEN: What Does this Mean for West Des Moines, IA Businesses?
The Corporate Transparency Act may require certain U.S. companies to disclose beneficial ownership information to FinCEN to combat financial crimes. While a Texas federal district court’s preliminary injunction puts this requirement on hold, many experts expect that to be overturned. In that event, failure to file could lead to fines of $500 per day, up to a maximum of $10,000, and possible criminal penalties. Read more for details on how this may impact your business in the future. 1. Determine if
