Answer Question
The case for buying an established ECOM store
I've been doing wel financially and I'm looking to diversify. I came across Shopify exchange and empire flippers and I'm looking to make a case for purchasing an already established business. I am willing to put the time in but I have no current experience. I've weighed the downsides of the learning curve, potential tapering of the industry the seller is in, getting too competitive, but still feel like finding the right one is a no brainer for holding an asset. Because I'd be looking into an already profitable business there would be less time invested in proving the market exists for whatever product. Would love to hear feedback on what I might be missing