Buying Into an Existing Business as a Partner
When you buy into an existing business, you purchase a share of ownership in an established business. This way, you become a partner, and you receive profits based on your ownership percentage.
For example, you buy an existing coffee shop with 30% ownership. If the monthly profits are $100k, your cut would be $30k. Think of it like joining an established music band (Coldplay). You become part of the band and benefit from the group’s fame.
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