How To Buy A Profitable Business For Free #shorts

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All content on the Codie Sanchez YouTube channel reflects my own opinions and should NOT be taken as legal advice, financial advice, or investment advice. Please seek out the guidance of professionally trained and licensed individuals before making any decisions. Some links in the description may be affiliate links.

[trumpwon]

This is what happens when you raise generations of employees.

[Goingbellyup]

I would imagine transferring ownership the second person in charge would make more sense then just letting all the business die because your children don’t want anything to do with it .

[shenitagazaway]

I would take over a business in Japan if allowed. One of my brother's Japanese friends left it to him. He staffed it and let them run it. I don't understand why they don't pass it down to someone next in line. I do understand they try to keep it within the family but if it fails give it to someone next in line.

[eugeneponcelet]

I agree. Most owners of business that I know don't have a plan and their kids are the wrong ones to takeover because they were never interested in it. When the kid takes overthe business will close because they
don't know how to run it.

[arkadandfortuna]

Yup I believe it. The hard part is trying to find an entrepreneur to take over who is willing to move to Japan to run it until you find staff to help. The oldest hotel in Japan was transferred from generation to generation within the family until recently it was taken over by an employee who is not related.

[ruthsteiner]

News flash: There is no next generation. The elderly who retire or die soon are too many compared to the younger people who are supposed to 'get in charge'. In Switzerland a lot of dental clinics don't find a young dentist who wants to take over the business. Even if it was a profitable business, there are simply to few people who want and can take over... 🤔 The next 10-20 years are going to be hard. Less consumers, less employees, less production. A lot of it has to do with the birth gap...🤷🏼‍♀️

[raymondcolongodreau]

Her chair looks so comfortable! Plus she looks like a total boss. I think she should make more vids using it.

[DigiPixDOTinfo]

Transition or succession plan is the key when business gets old.

[viralcontent]

You are something else codie. Mind blowing. 👏👏

[nicolaslockheimers]

It's gonna be up to foreigners with ambition to take over these businesses "if" Japan allows...

[erinengel]

I don’t know if someone has asked this already or not. But Ms. Codie, do you have any insight in how to buy a business overseas while in the states? I would love to see a video about how to do it or if you’ve covered it already, PLEASE help me find it!

You’re amazing, much love and thank you so much for being a badass business owner!! ❤❤❤

[haticetavli]

Alright. I hope on this.. I would take this business for free🎉

[raphystrong]

The next generation are worried about there passion instead of profit. That’s one of many issues.

[davidd]

Codie, you need to leave a legacy by creating a Business School that teaches people entrepreneurial and business skills in detail & in useable form that they can use in any endeavor they try. 😊

[k.j.falloon]

I have a friend who is a general contractor and engineer, he has one son who he hoped would take over his company that he took over from his father, but he son wants to be a photographer and door dash delivery driver, now he is asking me if I want to take over his company and I'm looking to retire early. These kids would rather work for someone and bitch about wages instead of working and building the business their parents own.

[swordfish]

Hey Codie where is your course to teach people how to do this.... Love your content!

[laurenprimacio]

can you make a video on how to acquire these japanese businesses if you live internationally?

[markpickering]

Thanks for everything Codie, great info

[laviniaasofiei]

Buy an old fashion business and automat it in the new AI age.

[silvarafa]

How do you go about finding a business that would be in that position?! I agree that exit strategies are not in most people’s minds but two things are difficult: 1) there is not much open, public information available from n SMEs; and 2) it’s hard to do due diligence, businesses themselves may not have the full picture, enough information about actual costs and future expenses.