May 15, 2008

Flip My Business


It's the same idea as house flipping. Smart business persons take up failing businesses for cheap. Refocus, rebrand, and sell for a profit.

Could this work? What kind of businesses would be the best options for this concept? Mom and Pop shops? Small tech companies?

3 comments:

Arcane Rest said...

Professional sport teams

Anonymous said...

See "Flip That Restaurant"...

Justin Elder said...

This happens all the time. Companies will normally hire CFO's that have had past experience with failing companies.

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